(Bloomberg) -- Peru's sol was little change,
trading near an almost two-month high, amid speculation the
central bank may raise interest rates to keep inflation from
accelerating.
The currency rose 0.01 percent to 3.1583 soles per dollar.
The sol has gained 1.1 percent this year, reaching an eight-year
high on May 18. The central bank said it bought $40 million in
the currency market today, adding to the $544 million purchased
so far this month to stem gains in the currency.
Read more at Bloomberg Currencies News
trading near an almost two-month high, amid speculation the
central bank may raise interest rates to keep inflation from
accelerating.
The currency rose 0.01 percent to 3.1583 soles per dollar.
The sol has gained 1.1 percent this year, reaching an eight-year
high on May 18. The central bank said it bought $40 million in
the currency market today, adding to the $544 million purchased
so far this month to stem gains in the currency.
Read more at Bloomberg Currencies News
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