Reuters: US Dollar Report: Colombia cenbank to buy $3 bln in forex in Oct 1-March 29 period

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Colombia cenbank to buy $3 bln in forex in Oct 1-March 29 period Sep 28th 2012, 19:51 BOGOTA, Sept 28 | Fri Sep 28, 2012 3:51pm EDT BOGOTA, Sept 28 (Reuters) - Colombia's central bank said on Friday that it would buy at least $3 billion in the foreign exchange market via auctions from Oct. 1 through March 29, 2013 to take pressure off the peso currency. The government also plans to purchase at least $500 million in the rest of 2012, said Finance Minister Mauricio Cardenas. The central bank decision to keep interest rates steady was made by the majority of the seven-member board.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions