Eurobond Shores Up Reserves

The Central Bank has stated that although the country’s Gross International Reserves (GIR) position at the end of March, this year was a drawdown of $513.9 million in line with the projected cashflow for the period, the recent Eurobond raised the level of international reserves to US$8.1 billion (4.4 months of import cover) as at 17th May, 2018.

 
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