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. Jimenez stated that of the roughly 120 cases ...

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 0.2 percent to 2.5820 per U.S. dollar. That is the ...

As gold prices hover at record highs, a leading Catholic leader in Peru's Amazon is urging countries that are destinations for the precious metal to help stem illegal mining that is poisoning rivers with mercury.

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 ongoing efforts to combat money laundering, on October ...

LIMA, Peru (AP) – Peru's tight presidential race took a surprise turn Friday when prosecutors confirmed they've opened a preliminary investigation against front-runner Keiko Fujimori and her American husband for money laundering. The preliminary probe ...

In terms of economic consequences, the new trade agreement with Peru istrivial. In political terms, however, it delivers an ominous message.When faced with a choice between money and their own rank-and-file, theDemocratic leaders in the House will go with ...

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 future of the country. The last time the Peruvian ...

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

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 one side of the officeare shelves crammed with books ...

Peru’s central bank maintained its interest rate at 4.25%, unchanged from the previous level. This stability in the interest rate reflects a