Regulatory Alerts1997-07-15 | Resolución 128/97Added · Updated
Resolution 128/97
The Board of Directors of the Central Bank of Bolivia authorizes investments of International Monetary Reserves under the Advisory Contract with Dresdner Bank AG until June 30, 1998, in currencies of countries with a minimum Moody's rating of Aa2. The authorized additional currencies include Belgium, Denmark, Ireland, Norway, New Zealand (Aa1), and Australia, Canada, Spain (Aa2), subject to a 75% exchange rate coverage against the US dollar for the amount placed in these currencies. The Presidency and General Management are tasked with executing and complying with this resolution.
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