Friday, August 4, 2017

Balance of payments deficit in first six months. Reaches $1.12 billion, reserves exceed $3 billion


The deficit in the balance of payments (BoP) reached $1.12 billion in the first half of 2017, decreasing 37 percent compared with the same period last year, according to the Central Bank (BDL).

The deficit has triggered an operation by BDL to replenish its reserves, which exceeded $3 billion. The proceeds of this operation are expected to be reflected in July and subsequent months.

The full year of 2016 registered a surplus of $1.24 billion after BDL carried out financial engineer...

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