By Alek Buttermann Peru’s recent surge in public investment has produced record-breaking figures, yet underlying structural ...
(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 ...
However, there is still no sign of a coherent policy capable of tackling environmental crime and the corruption that facilitates it, let alone any action. Part of this is due to the political chaos ...
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 ...
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 ...
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 ...
In a plush, carpeted office in down town Lima, one of Peru’s top money men sits surrounded by symbols. Piled high on his desk are flocks of loan requests and the latest figures on competing banks. On ...
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 has introduced a new range of measures to cut the level of dollar-denominated loans in its banking system. Peru’s Central Bank [BCRP] has consistently looked to reduce dollarized liabilities in ...
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 ...
SAN MARTIN, Peru — Rolando Zumba, a gentle 59-year-old, wept, though the moment he described took place many years ago. Nothing has been the same since that day, when a park ranger took away his ...
LIMA, Jan 13 (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 ...