No menu items!

Cape Verde’s international reserves exceed €650 million by April

According to central bank data, Cape Verde's Net International Reserves (NIR), needed to guarantee imports, grew to €656 million by April.

According to the April monetary policy report from the Bank of Cape Verde (BCV), consulted today by Lusa, this performance assured last month 5.7 months of imports and compares with the reserves of €649.2 million that in October 2022 secured 6.3 months of imports, at the time of the previous report.

The central bank also estimates that Cape Verde's NIR will reach €692.8 million in April 2024 - sufficient for 5.4 months of . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content