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On the Role of Contagion Effects in Total Reserves in South America

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Figure

FIGURE 1. TOTAL RESERVES EXCLUDING GOLD (US$ MILLION)
Figure 2 shows the monthly evolution of the absolute volume of reserves in millions of dollars for Argentina, Brazil, Chile, Colombia and Peru over the period from January 2004 to December 2015
FIGURE 3. TOTAL RESERVES EXCLUDING GOLD (PERCENTAGE OF GDP) Data Source: FRED
FIGURE 4. TOTAL RESERVES EXCLUDING GOLD (PERCENTAGE OF 3 MONTHS OF IMPORTS) Data Source: FRED
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