Show federal reserve copied pora pam Is tho the first country in latin At america to reorganize its banking system according to federal doral reserve principles by tho the enactment of the federal reserve act of peru to develop the resources along modern lines ot of financing perus new now banking system Is modeled after attar the united states federal reserve with modifications such as the banking conditions and general lati financial ancial sit nation there require it provides for or the creation of a federal Il eserre bank in pern re the directorate of this bank is to bo ito composed of nine mom bem three of whom are to be descg bated by br the government and the other six are to be b by bip the as member banks |