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Peru’s Net International Reserves (NIR) totaled 34.91 billion dollars by the end of August, with an increase of 75 million dollars compared to the amount registered in July’s closing and a growth of 7.22 billion dollars with respect to last year’s closing, the Peruvian Central Reserve Bank (BCR) reported today.

The increase of the NIR’s balance with respect to last month was driven by higher deposits of the financial system by 544 million dollars and the increase of the investment’s performance by 97 million dollars.

It was partly attenuated due to devaluation of reserve assets by 378 million dollars, to the lower deposits of the public sector by 76 million and the BCR exchange operations by 77 million.

With respect to the BCR’s exchange position in this period, it was 26.74 billion dollars, 397 million dollars less than the amount registered in July’s closing.

Peru's BCR also reported that by September 2, the country's NIR amounted to 34.74 billion dollars, which represent a lower amount by 170 million compared to August’s closing.

News source: ANDINA