International Reserves in Mozambique Fell 18% in a Month After Payment to the IMF

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The Mozambican International Reserves (RIL) fell 18% in March, to a minimum of another year, of 3,486 million dollars (2,960 million euros), after the Government used them to settle the debt to the IMF. These reserves – foreign currency, necessary for the import of goods and services, were growing every month, from September, to reach the historical peak of 4,258 million dollars (3,616 million euros) in February, according to a statistical repor…