Economy / Peru
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PEN: Upside Pressures Mount
August 2006 | Currency ForecastSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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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