Maintaining a level of international reserves in line with the
conditions of the economy, reducing its vulnerability in the face of external
Avoiding the risk that the country enters into a balance of payments
crisis by establishing favorable conditions for long-term capital flows to
finance the current account deficit.
Moderating excessive gains in value or depreciations of the national
currency which endanger achievement of future inflation targets.
Limiting excessive volatility in the exchange rate in the very short