November 8, 2013 / 4:51 PM / in 4 years

Peru's central bank offers to sell dollars to curb slipping sol

LIMA, Nov 8 (Reuters) - Peru’s central bank offered to sell dollars in the local spot market as the sol currency slipped 0.32 percent to 2.803/2.804 on Friday, a day after the central bank lowered the benchmark interest rate to spur growth.

The dollar was rallying broadly on Friday after a report showed U.S. job growth unexpectedly accelerated in October, boosting expectations the Federal Reserve may start scaling back massive stimulus that once strengthened the sol and other emerging market currencies.

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