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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (66077)	9/15/2010 10:04:54 PM
From: Secret_Agent_Man	Respond to of 218918

September 15, 2010. Colombian Central Bank Buys Dollars, Peso Falls By Jack Kimball and Nelson Bocanegra Reuters Wednesday, September 15, 2010 reuters.com BOGOTA, Columbia -- Colombia's central bank on Wednesday started purchasing what it said would be at least $20 million daily for the next four months to help ease the rise of its currency, becoming the latest Latin American economy to intervene in its market. The move left the door open for more measures to curb the peso's appreciation and followed intervention by Brazil to ease the real's climb and Peru's buying dollars to curb the sol. "The Board of Directors of the Central Bank decided to resume the accumulation of international reserves. To do this, it will purchase daily at least $20 million through competitive auctions for at least four months counting from (Wednesday)," the bank said in a statement on its website.