Exclusive: Humala Pledges Fresh Currency Action

Mar 8, 2013

Peru will press ahead with measures to protect its currency from any rapid appreciation that could threaten its export sector, President Ollanta Humala tells LatinFinance in an exclusive interview. “We are a dynamic economy and we are concerned about the strengthening of the sol and the depreciation of the US dollar,” he says, in his most extensive interview with the foreign press since taking office in 2011. He acknowledges that while central bank intervention this year has helped stem the currency’s rise, authorities must remain watchful of renewed...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management