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Latam Daily | Peruvian CB seeks to increase liquidity and reduce high ER volatility

Published on Tuesday, May 12, 2015

Latam Daily | Peruvian CB seeks to increase liquidity and reduce high ER volatility

Central bank announces instruments to inject soles liquidity to the money market; from now on public funds deposited at the bank will be auctioned, and repo operations will be conducted also with banks credit books. The aim of these reserve requirements is to smooth currency depreciation pressures in a highly dollarized economy.

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