In Other News…

• Banco de Moçambique has launched a new series of banknotes and coins to coincide with the 50th anniversary of the central bank and the 45th anniversary of Mozambique’s currency, the metical.

The three lower denominations – the 20, 50 and 100 metical notes – have been produced on GUARDIAN polymer from CCL Secure and the three higher denominations – the 200, 500 and 1,000 meticais – on paper. All incorporate a highrelief portrait of the country’s first president, Samora Moises Machel; patterns particular to the Tonga people, which are widely used when weaving artisan baskets; and various flora and fauna characteristic of Mozambique.

The lower denominations include a large transparent window inset with security features including Metalix™ ink and Effect Cameo™. The high denominations feature RAPID® HD Detect threads and SPARK® Flow.

They are the first redesign since 2011 and all were printed by Crane Currency.

The new coins are in seven denominations, down from nine, the 50 and 20 centavos having been dropped. The coins are available in denominations from 1 centavo to 10 meticais.