LIMA, Peru — False-bottomed suitcases carried by smugglers from Peru to the United States? “Mules” who swallow condom-wrapped pellets before boarding flights? If you are thinking cocaine, then think ...

Peru’s currency has fallen in value, with the U.S. dollar now worth over three soles, as the Andean country struggles to narrow the trade deficit amid decreasing demand for its copper in the global ...

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 ...

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, March 11 (Reuters) - A greater supply of dollars from the mining sector in Peru - the world's No. 2 copper producer - is pushing up the local sol currency, which has risen around 7% this year, ...

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 ...

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 ...

LIMA, Jan 13 (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 ...