The Bank of Mozambique has significantly reduced the limit on payments made abroad using bank cards. Previously set at six million meticais, the new limit is three million meticais. This decision, made by the nation’s financial regulator, aims to control currency outflow and stabilize the nation’s monetary policy. The change impacts individuals and businesses conducting transactions outside of Mozambique. Authorities have not yet detailed the specific rationale beyond broadly citing financial regulation. This move comes amid ongoing economic challenges and efforts to manage foreign exchange reserves. The Bank of Mozambique continues to monitor the financial landscape and adjust regulations as needed.