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 ...

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) – 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 ...

WASHINGTON — A flood of high-quality counterfeit U.S. money from Peru is perplexing federal authorities, who say the shadowy networks that are responsible are also engaging in other criminal activity ...

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) - 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 ...

Peru’s justice minister, Juan Jimenez, vowed to increase the government’s efforts against money laundering after revealing that the country currently has no standing convictions for money laundering.