Macroeconomy/Finance

International reserves fell to $7.4 bn, the lowest level in 11 years

Bolivia’s International Reserves decreased from $8.9 billion, as of December 2018, to $7.4 billion on October 11. This is the lowest level in 11 years. Former President of the Central Bank of Bolivia (BCB), Juan Antonio Morales, warns that stocks can still fall if the country’s fiscal deficit and current account deficit does not get under control.

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Source: Página Siete