Peru’s Net International Reserves (NIR) amounted to US$61.255 billion on August 25, the highest level registered in the past four months.
Likewise, the result is higher than the US$17.275 billion registered in 2006, Peru’s Central Reserve Bank (BCR) announced today.
This level is equivalent to nearly 30% of Peru’s GDP; the highest indicator among the main economies of the region.
BCR explained that international reserves enable to tackle international financial turbulence by moderating the volatility of exchange rate.
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