Andina

Peru's sol closes weaker; no central bank purchases

Photo: ANDINA/Juan Carlos Guzmán Negrini.

Photo: ANDINA/Juan Carlos Guzmán Negrini.

15:24 | Lima, Sep. 15.

Peru's sol currency ended weaker Monday at PEN2.864 per U.S. dollar compared with PEN2.862 in the previous trading session.

So far this year the sol has depreciated 2.29 percent against the U.S. dollar.

In the last 12-month period, the Peruvian currency has weakened 3.21 percent against the greenback.

The Central Reserve Bank (BCR) of Peru auctioned a six-month PEN100 million deposit certificate (CD BCRP) at an average rate of 3,54 percent.  

The country's Central Bank largely remained at the sidelines and did not intervene in the foreign-exchange market today. 

On August 15, the BCR purchased foreign currency for a total of US$ 10 million in the spot market at an average rate of S/. 2.7940 per US dollar.

Since 2012 the Central Bank has purchased foreign currency for a total of US$ 19.09 billion and sold foreign currency for a total of US$ 7.35 billion. 

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Published: 9/15/2014