This level of reserves is higher by US$ 1.0 billion than the one recorded at the end of May 2012, the central bank said.

The increase in NIRs so far this month is mainly explained by the rise in banks’ deposits (US$900 million) and in public sector deposits (US$10 million), as well as by the increase in investment yield (US$ 94 million).

Moreover, the foreign exchange position of the BCRP at June 5 was US$40.62 billion.

This figure is US$ 89 million higher than the one recorded at the close of May 2012.

(END) JPC/EEP