Mozambique's international reserves reached 3.6 billion dollars in the first quarter of this year, reinforcing its capacity to import goods and services. According to the Economic Situation report released yesterday, Monday (01), by the Bank of Mozambique (BdM), to which MZNews had access, "the country's international reserves remain at satisfactory levels".....
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February 2nd, 2024February 2nd, 2024Economy
International reserves grew 11% in December to 3.4 billion dollars
Mozambique's Net International Reserves (NIR), needed for imports of goods and services, grew by almost 11% in December, to 3.4 billion dollars, due to donations received. The data is contained in the Bank of Mozambique's statistical report, which points out that these reserves - in foreign currency - were almost...
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September 29, 2023September 28, 2023Economy
Mozambique's international reserves valued at 3.2 MM$ only guarantee four months of imports
Mozambique's international reserves of around 3.2 billion dollars only guarantee the equivalent of four months of estimated imports of goods and services for this year, according to the central bank. "The country's international reserves remain at satisfactory levels. The country's external position, measured by gross international reserves,...
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Mozambique has international reserves to cover more than six months of imports
Mozambique has strengthened its external position by maintaining gross international reserves at comfortable levels, allowing it to cover more than six months of imports