Peru Analysis

Pages

Currency Forecast - PEN: Central Bank Actions To Offset Depreciatory Pressure - 02 JUNE 2014

Technical indicators suggest that slight depreciation may be on the cards for the Peruvian sol over the near term, as the currency - which was trading at PEN2.777/USD at the time of writing on May 28 - is testing long-term technical resistance. Nevertheless, our long-held view that the sol would be among the region's most stable currencies over the course of 2014 remains unchanged, and we...

READ FULL ARTICLE

Pages