Peru’s Sol Gains as Central Bank’s Absence Eases Dollar Squeeze

Peru’s sol posted its first two-day advance since January as the central bank stayed out of the currency market, easing demand for dollars.

The sol appreciated 0.2 percent to 2.5970 per U.S. dollar at today’s close, extending its two-day increase to 0.4 percent. The currency was little changed this week, according to data compiled by Bloomberg.