Peru’s Central Reserve Bank (the BCR) bought US$40 million on the international market on Monday and the sol closed slightly up, at its highest level since January 1999. At the end of the session, the Peruvian currency was trading at 3.185/3.186 soles to the dollar, against 3.186/3.187 at close on Friday, with inter-bank transactions totaling US$60.5 million. The Reserve Bank bought $40 million at an average rate of 3.186, bringing acquisitions so far this year to $985 million.
See also:
Peruvian sol strengthening
Filed under: Commerce, Good news!, Politics
