World

Peru central bank buys $147mn, sol still at 3-yr high

LIMA : Peru 's central bank bought $147 million on Friday, but failed to keep the sol currency from closing at its stro
Published August 26, 2011 Updated August 26, 2011 07:24pm

The sol closed bidding 2.729 per US dollar, 0.07 percent stronger than its Thursday closing price. The bank purchased $599.7 million this week.

Latin America's currencies strengthened broadly against the dollar on Friday on expectations US central bankers will take action to help kick-start the sluggish US economy.

 

Copyright Reuters, 2011