Peru central bank buys $133mn, sol ends stable

LIMA: Peru's central bank bought $133 million in the local spot market on Wednesday, holding the sol currency off its st
22 Feb, 2012

The sol closed bidding 2.68 per US dollar, unchanged from its Tuesday close. The central bank frequently intervenes to curb volatility that hurts businesses and consumers in a country where half of all bank deposits are made in dollars.

Copyright Reuters, 2012

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