Peru's Sol Surges, Defying Political Turmoil
Update: 2025-12-31
Description
Perus sol currency and Limas main stock index closed 2025 on a high note, with the sol gaining 11.8% against the dollar and the index hitting all-time highs. Despite political turmoil and corruption scandals, the rally was driven by a weak global dollar and high copper and gold prices, as Peru relies heavily on mining exports. The central bank intervened with $9.5 billion in purchases, boosting reserves to a record high and keeping inflation low. Analysts predict steady growth in 2025 and 2026, with pro-market candidates like Rafael López Aliaga and Keiko Fujimori potentially attracting fresh investment. Checkout Solipillow.com
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