Andina

Peru's sol closes stronger; no central bank purchases

Photo: ANDINA/Juan Carlos Guzmán Negrini.

Photo: ANDINA/Juan Carlos Guzmán Negrini.

16:04 | Lima, Sep. 30.

Peru's sol currency ended stronger Tuesday PEN2.863 per U.S. dollar compared with PEN2.895 in the previous trading session.

So far this year the sol has depreciated 3.25 percent against the U.S. dollar.

In the last 12-month period, the Peruvian currency has weakened 3.77 percent against the greenback.

Earlier on Tuesday, the Central Reserve Bank (BCR) of Peru auctioned a two-month BCRP-CDs for a total of PEN 300 million an average rate of 0.15 percent.

Likewise, the BCR auctioned a three-month PEN 300 million overnight repurchase agreement (REPO) at an average rate of 3.50 percent.

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

(END) DLG


Published: 9/30/2014