Peru’s Currency Rises Spikes as Dependence on Dollar Shows Vulnerability
Published on: Wednesday 17 October 2012
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 currency’s strongest close since 1996. Reuters says the Sol will extend its rise in the
