LIMA: Peru's central bank bought $100 million on Friday and the sol reversed its earlier gains to close nearly stable. The currency ended bidding 2.707 per US dollar, 0.04 percent weaker than its Thursday close.
Peru's central bank frequently intervenes in the local spot market to avert volatility. It purchased $11 million on Thursday, when the sol closed at its strongest level in 3.5 years.
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