NEW YORK (Reuters) -Peru’s currency tumbled to a record low on its largest daily decline in over seven years after new President Pedro Castillo appointed a member of his Marxist party as prime ...
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 ...
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 ...
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 and copper ...
(Bloomberg) -- Peru’s central bank has stepped into the currency market, buying dollars for the first time in five years after a rally in the sol pushed it to levels not seen since 2020. The central ...
Peru’s currency tumbled to an all-time low as unprecedented political gridlock left the nation without a president, interim leader or head of congress. After a weekend of anger and violence, lawmakers ...
The agency forecasts 3.1% GDP growth for Peru in 2025, driven by resilient domestic demand, low inflation, improving household income, pension withdrawals boosting consumption, and extraordinary ...
Peru's sol currency was up 0.9% on Wednesday to 3.847/3.85 per dollar, a day after President Pedro Castillo named a new cabinet, his third in just six months in office. LIMA, Feb 2 (Reuters) - Peru's ...
Peru’s largest pension fund manager, Prima AFP, is buying currency and bond assets on a bet that prices will rebound after presidential elections, Bloomberg reports. Prima sold shares and bet against ...
LIMA, March 11 (Reuters) - A greater supply of dollars from the mining sector in Peru - the world's No. 2 copper producer - is pushing up the local sol currency, which has risen around 7% this year, ...
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