Economic news

Mozambique new metical becomes best currency for investments in 2017

In 2017, the best currency for investment was the Mozambique new metical, Bloomberg estimated. Over the year, it rose by 21% against the U.S. dollar.

The second place in the list of the most profitable currencies took the Czech crown and the Polish zloty, whose rates increased by 18%. Most of all for a year the Uzbek soum has fallen in price. Its value fell more than half against the dollar - by 60%.

Among the metals, the most profitable investment for the year was palladium. His rate grew by 54%. Copper and aluminum rose by 29%.

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