Bolivian ex-governor calls opposition audit request ‘nonsense’

Most central bank gold reserves are held outside country, Morales says

Banco Central de Bolivia
Central Bank of Bolivia, La Paz
Photo: Rachael King

A former governor of the Bolivian central bank has criticised a call by 10 opposition politicians to inspect the gold reserves in its vaults.

The legislators sent their request to the Central Bank of Bolivia (BCB) in late August. The central bank replied on September 1, saying that a formal response had to come from the finance ministry.

Juan Antonio Morales, the BCB’s governor from 1995 to 2006, tells Central Banking the request is “a nonsense”. Morales says almost all of Bolivia’s gold is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account