Mozambique’s international reserves grow again after decline from IMF payment

Mozambican Net International Reserves (NIR) have reversed their declines, after the Government used them in March to settle the debt to the IMF, and grew to 3,503 million dollars (3,071 million euros) in May. These reserves—foreign currency necessary for the import of goods and services—had been growing every month since September, until reaching a historic… Source

Mozambique’s international reserves grow again after decline from IMF payment
Mozambican Net International Reserves (NIR) have reversed their declines, after the Government used them in March to settle the debt to the IMF, and grew to 3,503 million dollars (3,071 million euros) in May. These reserves—foreign currency necessary for the import of goods and services—had been growing every month since September, until reaching a historic…

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