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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...

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