Venezuelan reserves continue around the optimum number
Wednesday, November 3, 2010

November 3, 2010, 14:49 Caracas, Nov 3 (Prensa Latina) The Central Bank of Venezuela (BCV) announced today that international reserves are located in 29 thousand 773 million dollars, around the considered optimal by the government, 30 billion.

According to the issuer of this amount, 28 thousand 941 million dollars are in their coffers and 832 million in the Macroeconomic Stabilization Fund, a mechanism created to ensure balance in case of low oil revenues. Regarding the report yesterday, stocks experienced a decrease of $ 92 million.

The continuity of currency levels located in the vicinity of the optimum is a strength in the face of international financial crisis and ensuring availability of resources for social programs promoted by the executive.

In this regard, the president of the BCV, Nelson Merentes, said Wednesday that the uptake of gold is a priority, in order to make monetary gold reserves to swell.

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