Indians in Mozambique Asians began leaving the country in larger numbers; the outflow was especially significant among Ismailis, who were urged to leave by the Aga Khan IV. Some returned to Pakistan or India, while others re-established themselves in Portugal. In contrast, large proportions of Sunnis and Hindus stayed in Mozambique after independence. With the increasing socialisation of the economy, they had to employ legally marginal strategies to remain in business and to send funds abroad, such as requesting their suppliers abroad to invoice them for more than the amount of goods sold. A typical pattern was that one member of the family
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly