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View Full Version : Peru Bank May Cut Interest Rate to 4% as Domestic Demand Stalls - Bloomberg



NewsWhore
05-07-2009, 03:11 AM
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Peru Bank May Cut Interest Rate to 4% as Domestic Demand Stalls (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaKbwXWVDC5sc%26refer%3Dlatin_america&cid=0&ei=nIsCStqLH83okAXdmdigDw&usg=AFQjCNFhwVTVXFo-iChRiLiXK4yQS8GDGQ)
Bloomberg - Alex Emery (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Alex Emery%22&hl=en&ned=us&ie=ISO-8859-1)
The currency has gained 5.9 percent this year, the fifth-best performance against the dollar among 27 emerging-market currencies tracked by Bloomberg. After expanding 9.8 percent in 2008, Peru&#39;s economy has stalled, expanding just 0.2 percent in the ...


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