LIMA, Peru — False-bottomed suitcases carried by smugglers from Peru to the United States? “Mules” who swallow condom-wrapped pellets before boarding flights? If you are thinking cocaine, then think ...

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 ...

The sharp fall in the value of Peru’s currency, the nuevo sol, against the US dollar—crossing the psychological benchmark of 3 soles to the dollar last week—signifies a turning point in the economic ...

LIMA, PERU - Like most Peruvians, Enrique Malca has a double life when it comes to money: one in dollars and another in soles, the result of economic crises that have generated a deep distrust of the ...

Peru’s currency has fallen in value, with the U.S. dollar now worth over three soles, as the Andean country struggles to narrow the trade deficit amid decreasing demand for its copper in the global ...

LIMA, Jan 13 (Reuters) - 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 ...

Peru’s recent approval of fairly rudimentary monitoring of currency exchange services is one sign of how far the country has to go in its anti-money laundering efforts. As part of the government’s ...

NEW YORK (Reuters) -Peru’s currency tumbled to a record low on its largest daily decline in over seven years after new President Pedro Castillo appointed a member of his Marxist party as prime ...

Peru’s currency tumbled to an all-time low as unprecedented political gridlock left the nation without a president, interim leader or head of congress. After a weekend of anger and violence, lawmakers ...

A recycling initiative has given citizens of Peru the chance to exchange litter for something useful -- 3D printed parts, services and items to make their lives a little easier. Piles of plastic, ...