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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Peru’s Foreign reserves rise to record high $40.6bln

Posted on 24 August 2010

From Dow Jones: Peru’s net international reserves rose to a record high $40.63 billion as of August 17, boosted in part by heavy U.S. dollar buying by the Central Reserve Bank of Peru.

The central bank has been intervening regularly since July 18 to purchase dollars, as strong foreign capital inflows increase appreciation pressures on the local currency, the sol…………………………………….Full Article: Source


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