Bolivia Central Bank Boosts Reserves with Gold

Two months following President Luis Arce’s new law, Bolivia’s Central Bank bought 205 kg of gold to boost its declining foreign reserves. The bank says the new buys are nearly 30% of gold acquired in 12 years. The law paves the way for more gold purchases. This will help increase Net International Reserves (NIR). Bolivia’s … Continue reading Bolivia Central Bank Boosts Reserves with Gold