Peru's FX reserves hit $97B, cover 17 months of imports, top Chile and Brazil as % of GDP

Peru's central bank reserves reached $97 billion, sufficient to cover 17 months of imports, boosted by copper and gold prices and dollar purchases. This places Peru's reserves-to-GDP ratio above Chile and Brazil, signaling strong external liquidity. The data underscores Peru's resilience to external shocks but does not indicate a policy shift.