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Government Admits Advance Sale of Gold From Reserves

Summary by Los Tiempos
The Central Bank of Bolivia (BCB) carried out operations of “advanced sale of gold” of the Net International Reserves (RIN) and that were made within the framework of the law and with “legal support,” said Marcelo Montenegro, Minister of Economy yesterday.
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The Central Bank of Bolivia (BCB) carried out operations of “advanced sale of gold” of the Net International Reserves (RIN) and that were made within the framework of the law and with “legal support,” said Marcelo Montenegro, Minister of Economy yesterday.

La Paz, September 10, 2025 (ATB Digital).— Economy Minister Marcero Montenegro, assured that the Central Bank of Bolivia supports all operations with gold reserves and will be the same institution to report on the types of contracts made in advance transactions. Montenegro recalled that the law requires a minimum of 22 tons of gold in reserves and stressed that, as in other countries, investments are made to generate profits. Source: Editorial r…

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ATB Digital broke the news in on Wednesday, September 10, 2025.
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