PEN: Upside Pressures Mount

August 2006 | Currency Forecast

We think that the sol has the chance to hit our long-term PEN3.1500/US$ target sooner than we had anticipated. The upside pressures on the currency appear to have mounted over the past few months, and local markets have calmed following national elections. Short-term, we think the

If you would like to subscribe to Emerging Markets Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Emerging Markets Monitor please click on the trial link below.