Economy / Peru
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Long-Term Sol Outlook Still Solid
August 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The strong performance of the nuevo sol over the past few years has been reflective of Peru's rapidly improving macroeconomic fundamentals. Despite heightened exchange rate volatility of late, we expect this trend to continue into the long term, especially as confidence in the currency will drive demand for sol-denominated assets.