Peru is planning new measures to curb currency speculation that has been driving the sol's rapid slide against the dollar in recent weeks, a central bank official said on Wednesday. Peru's banking superintendent is writing new rules for the country's private pension funds to limit non-deliverable forward contracts, central bank general manager Renzo Rossini told Congress. Those restrictions will build on similar controls on NDFs by the central bank that will take effect next week, Rossini added.
Comments
Comments are closed.