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Central Bank’s gross reserves decline US$539.9M to US$3.5B

Santo Domingo. – At yearend 2012 Dominican Republic’s Central Bank’s gross international reserves topped US$3.5 billion, down US$539.9 million available in the same 2011 period.

Net international reserves stood at US$3.2 billion or US$ 428.1 million lower than the US$3.6 billion posted for December 2011.

Consolidated net reserves meanwhile totaled US$2.36 billion, or US$429.0 million lower compared with December 2011, of US$2.8 billion.

The Central Bank’s economic performance preliminary report and other figures for 2012 also reveal that total exports in that period topped US$9.8 billion, a jump of US$1.8 billion in total exports in 2011, which totaled US$8.6 billion.

Source: DT

Category: DR News |

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Last updated December 6, 2016 at 12:34 PM
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