Peru

Peru's Economy Shows High Growth Rates in July

7 months ago

Peru's economy has returned to high growth rates, with a notable increase of 4.6% in July compared to the same period last year. These figures were published by the National Institute of Statistics and Informatics (INEI). The economic growth in July is among the most significant in recent months, indicating a gradual recovery following the economic challenges posed by the COVID-19 pandemic.

Peru Cuts Interest Rates to Lowest Level in Latin America

7 months ago

The Central Bank of Peru has decided to cut its interest rate by 25 basis points, bringing it down to 6.50%. This move positions Peru as the country with the lowest interest rates in Latin America, driven by a decrease in inflation across the region. A moderate improvement in economic conditions and stable macroeconomic indicators have supported this significant decision.

Peru Group Relaunches NYC Roadshows on Downgrade Wake-Up Call

8 months ago

A Peruvian group composed of various state and private companies has decided to relaunch its series of presentations and meetings in New York, targeting potential investors. This decision comes in the wake of a recent downgrade of the country's credit rating, which has served as a wake-up call for the economy, highlighting the need to restore the trust of international financial institutions.