The country is experiencing a decline in its international reserves. According to the central bank’s monthly statistical information summary, reserves stood at $3.44 billion in July. This amount is now only sufficient to cover less than three months of the country’s import needs. The report also indicates pressure on both investment and external trade. This decrease in reserves signals potential economic challenges for the nation. The data originates from a report published by O País - A verdade como notícia. Further details regarding the implications of this decline are expected to be released soon.

English
Français
Español
हिन्दी
中文