According to Peru’s central bank, net international reserves rose to USD 73.026 bln (29% of GDP) as of August 23, an increase of USD 1.142 bln compared to the end of 2022. The FX position, however, was USD 50.08 bln, down by USD 1.96 bln since December 2022, mainly due to foreign currency sales to the public sector, used to increase the Fiscal Stabilization Fund and repurchase bonds.