Peru Sol Holds Within 0.1% of Three-Week High on Tax Payments

Peru’s sol held within 0.1 percent of a three-week high as local companies sold greenbacks to pay taxes, offsetting the central bank’s dollar purchases to stem appreciation.

Argentina's Deputy Economy Minister Denies Government Will Abolish Dollar Use

BUENOS AIRES – Argentina's Deputy Economy Minister Axel Kicillof on Friday lashed out at a report that his economic team is drafting legislation to abolish the use of foreign currencies in the economy as double-digit inflation spurs Argentines to seek the perceived safety of the U.S. dollar.