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Established in 1991 as successor to the Andean Reserve Fund, the Latin American Reserve Fund assists in correcting payment imbalances through loans with terms of up to four years and guarantees extended to members, to co-ordinate their monetary, exchange and financial policies and to promote the liberalization of trade and payments in the Andean sub-region.
Members. Bolivia, Colombia, Costa Rica, Ecuador, Paraguay, Peru, Uruguay, Venezuela.
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Official language: Spanish.
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Headquarters: Avenida 82, Nº12-18, piso 7, Box 241523, Bogotá, DC, Colombia.
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Website: http://www.flar.net
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Executive President: Ana María Carrasquilla (Colombia).
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(2018). Latin American Reserve Fund. In: The Statesman’s Yearbook 2018. The Statesman's Yearbook. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-70154-4_89
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DOI: https://doi.org/10.1007/978-1-349-70154-4_89
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-50852-2
Online ISBN: 978-1-349-70154-4
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