Mozambique: International Reserves Tend to Recover After Debt Repayment to IMF

[AIM] Maputo -- Mozambique's Net International Reserves (NIR) rose to 3.5 billion dollars last May, indicating a reversal of previous declines following the government's decision to fully repay the outstanding debt of 515.04 million Special Drawing Rights (equivalent to 630.1 million US dollars) to the International Monetary Fund (IMF) by the end of March.

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