http://www.bloomberg.com/news/2012-02-06/colombia-resumes-dollar-buying-as-peso-touches-five-month-high.html
Because its peso has shot up 8.5% this year...Colombia's central bank today started buying $20 million USD...to slow the rally.
It will purchase $20mn daily...for at least 3 months.
On 3 Feb...Brasil's c.bank also bought USDs for the first time since July.
The REAL has rallied by 8.3%...since 1 Jan.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- PUERTO RICO: The Enigma of Tourism.
- COLOMBIA: Capturing The Beauty In Beauty Contests.
- VENEZUELA: Chavez Will Nationalize 11 U.S. Drilling Rigs.
- EUROZONE: Soros Calls Germany "Main Protagonist" In Euro Crisis.
- MEXICO: Drug Gang Wreaks Revenge On Dead Marine's Family.