Peru's sol currency ended weaker Monday at PEN2.855 per U.S. dollar compared with PEN2.846 in the previous trading session.
So far this year the sol has depreciated 1.96 percent against the U.S. dollar.
In the last 12-month period, the Peruvian currency has weakened 1.60 percent against the greenback.
Earlier today, the Central Reserve Bank (BCR) of Peru auctioned a two-month BCRP-CDR for a total of PEN 300 million an average rate of 0.02 percent.
Likewise, another two-month BCRP-CDs for a total of PEN 300 million were placed at an average rate
of 0.02 percent.
Later on Monday, the BCR auctioned PEN 3 billion overnight repurchase agreement (REPO) at an average rate of 3.82 percent.
The country's Central Bank largely remained at the sidelines and did not intervene in the foreign-exchange market today.
In its weekly report, the BCR said the last intervened in the spot market on August 15, when it purchased FC for a total of US$ 10 million at an average exchange 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.
(END) LOG/LOG
Published: 9/1/2014