PDA

View Full Version : Velarde Says Can Use Reserves to Protect Currency - Bloomberg



NewsWhore
03-02-2009, 06:40 AM
<img alt="" height="1" width="1">
Velarde Says Can Use Reserves to Protect Currency (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaU6Uw2McHPJs%26refer%3Dnews&cid=0&ei=WMarSZ2aLZj4MsG7iPED&usg=AFQjCNHPI4bByZsQMizRjQazcWDi2sRfbA)
Bloomberg
By Emma Ross-Thomas March 2 (Bloomberg) -- Peru central bank President Julio Velarde said officials could use reserves to prevent excessive depreciation of the nation’s currency. “We have double the reserves we had at the start of this government and ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaU6Uw2McHPJs%26refer%3Dnews&cid=0&ei=WMarSZ2aLZj4MsG7iPED&usg=AFQjCNHPI4bByZsQMizRjQazcWDi2sRfbA)