Thus, the Central Bank generates a true insurance against crises that reduces external vulnerability, lends certainty to public and private investment and develops a domestic capital market in local currency, ensuring macroeconomic equilibrium. International reserves are an indispensable pillar for Central Bank monetary and financial policy.
Therefore, they are also the basis for monetary regulation operations to strictly control the balance between supply and demand in the monetary market. With a growing stock of foreign currency, the requirements for an adequate management are greater. Thus, during 2006 and so far this year, we got the highest return (around 6.5 percent y.o.y.)