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Latest News in Peru / Archive
Economy | 24 October, 2009 [ 10:54 ]
Peru International Reserves totaled US$ 33.19 billion by October 20th
Andina
Peru’s Net International Reserves (NIR) amounted to US$ 33.19 billion by October 20, US$ 1.06 million more than September’s closing, the Central Reserve Bank of Peru (BCR) reported Saturday.
This increase is mainly explained by the BCR foreign currency purchases (US$ 910 million), higher valuation of investments (US$ 141 million), and higher deposits (US$ 42 million).
However the public sector deposits decreased by US$ 34 million in the mentioned period.
The BCR’s international investment position by October 20 was US$ 23.11 billion, US$ 1.05 billion higher than September’s closing.
Between October 13 and 20, the daily average of the 90-day corporate rate in domestic currency decreased from 1.76 to 1.73 percent, while this rate in dollars rose from 1.11 to 1.38 percent.
So far this month, the average daily interbank interest rate continued its downward trend dropping to 1.11 percent.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Peru’s Net International Reserves (NIR) amounted to US$ 33.19 billion by October 20, US$ 1.06 million more than September’s closing, the Central Reserve Bank of Peru (BCR) reported Saturday. This increase is mainly explained by the BCR foreign currency purchases (US$ 910 million), higher valuation of investments (US$ 141 million), and higher deposits (US$ 42 million).
However the public sector deposits decreased by US$ 34 million in the mentioned period.
The BCR’s international investment position by October 20 was US$ 23.11 billion, US$ 1.05 billion higher than September’s closing.
Between October 13 and 20, the daily average of the 90-day corporate rate in domestic currency decreased from 1.76 to 1.73 percent, while this rate in dollars rose from 1.11 to 1.38 percent.
So far this month, the average daily interbank interest rate continued its downward trend dropping to 1.11 percent.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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