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Peru's central bank sells $175 million, sol ends slightly weaker
August 27, 2013 / 6:51 PM / 4 years ago

Peru's central bank sells $175 million, sol ends slightly weaker

LIMA, Aug 27 (Reuters) - Peru’s central bank sold $175 million in the local spot market on Tuesday and the sol currency weakened 0.07 percent to finish at 2.812/2.813 per dollar.

The central bank has sold around $2.6 billion so far in August - the biggest monthly intervention to offset a depreciating sol currency since 2011.

The sol has slipped more than 10 percent this year on expectations the U.S. Federal Reserve may soon wind down stimulus measures.

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