*E&M Magazine: Currency Swaps – A Window of Opportunity for Mozambique?* Since Bretton Woods in 1944, the U.S. dollar has established itself as the backbone of the global financial system. Over the decades, it has become the primary international reserve currency and a dominant instrument in trade and financial transactions between countries. This has brought undeniable benefits—such as liquidity and predictability—but also dependency. In times of market stress, a shortage of dollars can become a serious obstacle, affecting import capacity, external debt servicing, and ultimately the economic stability of many nations. https://360mozambique.com/opinion/em-magazine-currency-swaps-a-window-of-opportunity-for-mozambique/?utm_source=whatsapp