Excerpt from: Forex Analysis
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| October 09, 2006 | | An expanding economy based on commodities is helping the new sol in currency trading on the FX market | | The Peruvian new sol could make an interesting forex strategy in emerging market currency trading. Peru's economy is expanding, working to base itself more on its vast natural resources in the commodities market. Peru has natural gas reserves that can help it diversify from mining, from which the country is already reaping benefits, as it is the largest tin and silver producer, and ranks in the top five producers of gold, copper and zinc. | Topic Tags: commodities market, currency trading, emerging market, forex strategy, FX market, natural resources, Peru economy, Peruvian new sol | |
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