Banking

Bolivian reserves reaching critical levels, say experts

Central Financial institution of Bolivia, La Paz

Bolivia could also be working very low on overseas alternate, which might endanger its skill to defend its foreign money peg, consultants inform Central Banking.

A current report particulars how the central financial institution is working down gold holdings to pay down state money owed.

The Central Financial institution of Bolivia (BCB) has not printed common details about the reserves in a number of months. The BCB’s final weekly replace lined the week to February 8, and reported the reserves held $3.54 billion, together with $2.59 billion in gold.

The

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