BLOOMBERG/
Peru's sol has climbed 1.4 percent vs the usd this year, the second-biggest advance in Latin America.
Now the central bank says it will resume buying dollars again this month and may raise interest rates for the seventh time since May.
The current benchmark rate is 3.25%.
The central bank has bought $274 million in the foreign exchange since 01 Feb.
Its congress also voted to lower the VAT sales tax to 18% from 19% and approved a lower financial transactions tax to 0.005% from the current 0.05%.
Peru's GDP grew over 8% in 2010.
Popular Posts
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- UKRAINE : Thousands Protest In Kyiv For Yulia, Against Yanukovych; Some Injured In Clashes.
- VENEZUELA : Caracas Gets Some Toilet Paper Relief; Opposition TV Channel Globovision Surrenders; Maduro Befriends Empresas Polar.
- VENEZUELA / CUBA: Opposition Exposes Chavista Turmoil With Silva Tape.
- ARGENTINA : Former Dictator Jorge Videla Dies In Prison.
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.