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 ...

In a matter of hours, Peru impeached one of the world's most unpopular presidents, Dina Boluarte, and appointed its seventh ...

Click to email a link to a friend (Opens in new window) Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to print (Opens in new window) LIMA, Peru ...

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 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 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.

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 ...