IMF: Bolivia foreign reserves adequate
A paper published by the IMF this month on reserve asset holdings shows that Bolivia's foreign reserves are sufficient to prevent foreign exchange risks
Over the past five years, Bolivia accumulated unprecedented levels of foreign reserves resulting in a sharp improvement in the international investment position to become a net external creditor. The main contributing factor to this development was the record-high current account surplus that followed from high export prices over 2005-2008.
Deri
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