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Sol (Peru’s currency)

Peru honors Francisco Bolognesi, fallen hero in War of the Pacific
Posted by Colin Post on Nov 2, 2016 Leave a comment

Peru honors Francisco Bolognesi, fallen hero in War of the Pacific

Peru’s central bank has issued a coin honoring 19th-century war hero Francisco Bolognesi, who was killed by Chilean invaders in 1880 during the War of the Pacific. The bank will  Full Article »

Peru collectors coin remembers War of the Pacific with Tacna arch
Posted by Jack Dylan Cole on Sep 30, 2016 1 comment

Peru collectors coin remembers War of the Pacific with Tacna arch

Peru’s central bank has issued a new sol coin featuring Tacna’s Parabolic Arch as the final edition of its Wealth and Pride series of collectors’ coins. The bank issued 12  Full Article »

Peru inflation slowly declining toward central bank’s target
Posted by Colin Post on Jun 2, 2016 Leave a comment

Peru inflation slowly declining toward central bank’s target

Inflation data in Peru showed prices in May picked up slightly since April but continued a downward trend with an annualized rate of 3.5%. Peru’s INEI statistical agency said that  Full Article »

Peru markets rally as leftist fails to qualify for runoff
Posted by Colin Post on Apr 14, 2016 Leave a comment

Peru markets rally as leftist fails to qualify for runoff

Peru stocks and the sol soared after leftist presidential candidate Veronika Mendoza did not garner enough votes to qualify for a runoff in the 2016 general election. Peru’s elections authority  Full Article »

Collectors coin commemorates Inca site in northern Peru
Posted by Colin Post on Apr 6, 2016 Leave a comment

Collectors coin commemorates Inca site in northern Peru

Peru’s central bank issued today a new sol coin which features the Cabeza de Vaca archaeological site in the northern state of Tumbes. The bank will issue 12 million of  Full Article »

Rise of Veronika Mendoza hammers Peru markets
Posted by Colin Post on Apr 5, 2016 1 comment

Rise of Veronika Mendoza hammers Peru markets

Peru’s currency and equity markets have fallen drastically on news that leftist candidate Veronika Mendoza may qualify for a runoff in 2016 presidential elections. The sol had strengthened 5.8% in  Full Article »

Peru’s sol gains against dollar on China, Europe news
Posted by Colin Post on Mar 16, 2016 1 comment

Peru’s sol gains against dollar on China, Europe news

Peru’s sol has gained over 5% against the dollar this month to reverse all its losses in 2016. The sol traded at a 3.520 per dollar on March 2 when  Full Article »

Peru raises key interest rate as sol breaks 3.50
Posted by Colin Post on Feb 12, 2016 2 comments

Peru raises key interest rate as sol breaks 3.50

Peru’s central bank raised its key lending rate to 4.25% on Thursday as its weakening currency continues to spur rising prices in food and utilities. The central bank raised the  Full Article »

Cesar Acuña promises state controls on prices, exchange rate
Posted by Colin Post on Jan 25, 2016 Leave a comment

Cesar Acuña promises state controls on prices, exchange rate

Presidential candidate Cesar Acuña said that Peru’s government should enact price controls and the central bank should manage the exchange rate. In an interview on Canal N’s Agenda Politica, Acuña  Full Article »

Peru hikes key rate, forecasts stronger growth in 2016
Posted by Colin Post on Jan 16, 2016 1 comment

Peru hikes key rate, forecasts stronger growth in 2016

Peru’s central bank raised its key interest rate for the second time in two months to curb inflation after December data showed the fastest rise in prices in four years.  Full Article »