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
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- POLAND: The Mass Movement To The UK... Continues.
- MEXICO: Legislature Votes To Strip Immunity From Politician Accused Of Narco Ties.
- Chavez And Argentina Sign Trade Accord.
- COLOMBIA : 13 July UPDATE: War Between The Presidents: Prez Santos Risks Rebel Stronghold Visit; Popularity Declines As FARC Rebuilds; Former Ally Seeks Santos Job.
- BOLIVIA: Morales Opponent Governor Removed By Legislature.