Reuters reports that Peru will cut its forex reerve holdings from 80% in USD-denominated assets to just 62%. Peru holds just $30 bln in reserves, but it is the thought that counts…Look for EUR/USD to stay supported on the news.
Reuters reports that Peru will cut its forex reerve holdings from 80% in USD-denominated assets to just 62%. Peru holds just $30 bln in reserves, but it is the thought that counts…Look for EUR/USD to stay supported on the news.
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