Central bank buys $40 million, currency stable

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: