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View Full Version : Peru's Sol Drops After Central Bank Raises Reserve Requirement - Bloomberg



NewsWhore
04-11-2008, 01:50 PM
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Peru&#39;s Sol Drops After Central Bank Raises Reserve Requirement (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DakOcfuwzILfQ%26refer%3Dlatin_america&cid=0&ei=IaX_R4CULYm0yQT4tMW3CA&usg=AFrqEzfuJf7Nm-UdneFisXyVjCFYzgVHzQ)
Bloomberg - 13 minutes ago
``Foreign banks were taking advantage of the sol&#39;s appreciation by taking out term deposits with local banks,&#39;&#39; said Gonzalo Navarro, head currency trader ...


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