Economics
Peru’s Sol Falls Most in 11 Months on European Debt Concern
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Peru’s sol slumped the most in 11 months after Europe’s bailout of Ireland failed to ease concern that the region’s debt crisis will spread.
The sol weakened 0.3 percent to 2.8255 per U.S. dollar at 10:43 a.m. New York time, from 2.8170 on Nov. 26. It’s the currency’s steepest fall since December 2009.