Peru’s currency the “Sol” has continued to rise against the US dollar, further undermining the competitiveness of the Latin American nation in the global marketplace. Last week, the sol appreciated ...
After years of political unrest in Peru, the relative calm of recent months has made international investors increasing their appetite for the country's sovereign bonds. Foreign investors now hold 39% ...
Peru’s recent approval of fairly rudimentary monitoring of currency exchange services is one sign of how far the country has to go in its anti-money laundering efforts. As part of the government’s ...
The sharp fall in the value of Peru’s currency, the nuevo sol, against the US dollar—crossing the psychological benchmark of 3 soles to the dollar last week—signifies a turning point in the economic ...
LIMA (Reuters) – Peru’s sol currency, which plunged last year due to political risk, is bouncing back so far in 2022 and likely to keep strengthening, analysts and traders said, as interest rates rise ...
LIMA, PERU - Like most Peruvians, Enrique Malca has a double life when it comes to money: one in dollars and another in soles, the result of economic crises that have generated a deep distrust of the ...
LIMA (Reuters) - Uncertainty around Peru's presidential elections next month is heightening concern over the country's sol currency, compounding wider emerging market jitters among investors and ...