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 ...

… but our independent journalism isn’t free to produce. Help us keep it this way with a tax-deductible donation today. LIMA, Peru — False-bottomed suitcases carried by smugglers from Peru to 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 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 ...

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 ...

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 ...