May 30, 2013 / 6:38 PM / in 4 years

Peru central bank offers to sell 2-month paper to slow sol's losses

LIMA, May 30 (Reuters) - Peru’s central bank on Thursday offered to sell 300 million soles in two-month certificates to slow the depreciation of the sol currency, which slipped nearly 1 percent to end bidding 2.725 per U.S. dollar.

The bank also offered to sell paper last week. The sol, which had been trading at a 16-year-high, has now retreated to its weakest level in the past year.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below