Analysis: Rising sol: Peru's currency gains lift from rate hikes, trade winds
Published on: Wednesday 12 January 2022
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 rates rise and copper prices soar.
News source: https://www.reuters.com/world/americas/rising-sol-perus-currency-gains-lift-rate-hikes-trade-winds-2022-01-13/