Peru | An assessment of the ability of the Central Bank to defend the currency
Published on Monday, November 30, 2015 | Updated on Wednesday, December 2, 2015
Peru | An assessment of the ability of the Central Bank to defend the currency
The international liquidity of the Central Bank of Peru provides room to accomodate and smooth the transition of the exchange rate to higher levels (depreciation). Thus, the probability of a speculative attack on the Peruvian currency is low
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