Andina

Peru's sol closes weaker; no central bank purchases

LIMA, PERÚ-OCTUBRE 03. El presidente del Banco Central de Reserva, Julio Velarde, preséntó la nueva moneda de sol alusiva al Templo del Sol de Vilcashuamán.Foto: ANDINA/Juan Carlos Guzmán Negrini.

LIMA, PERÚ-OCTUBRE 03. El presidente del Banco Central de Reserva, Julio Velarde, preséntó la nueva moneda de sol alusiva al Templo del Sol de Vilcashuamán.Foto: ANDINA/Juan Carlos Guzmán Negrini.

14:48 | Lima, Aug. 29.

Peru's sol currency ended weaker Friday at PEN2.846 per U.S. dollar compared with PEN2.844 in the previous trading session.

So far this year, the sol has depreciated 1.64 percent against the U.S. dollar.

In the last 12-month period, the Peruvian currency has weakened 1.28 percent against the greenback.

Meanwhile, the Central Reserve Bank (BCR) of Peru auctioned a two-month PEN300 million deposit certificate (CD BCRP) at an average rate of 0,04 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 announced that 6-month BCRP-CDs for a total of PEN700 million were placed at an average rate of 3.52 percent at August 19, 2014.

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 nation's Central Bank has purchased foreign currency for a total of US$ 19.08 billion and sold foreign currency for a total of US$ 7.35 billion.

(END) DLG


Published: 8/29/2014