Stock Market / Finance in Peru
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PERU, 2013/02/15
Strong economic performance and sound macroeconomic management continued in 2012. Economic increase is estimated at 6⅓ % of gross domestic product (GDP) in 2012, and the economy is near its potential. Economic activity was driven by domestic request, in particular investment , as the weak external environment is taking a toll on exports and widened the external current account deficit.
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PERU, 2010/08/29
The record levels of sol-denominated deposits reported through July are keeping systemic liquidity high, guaranteeing a continuation of the low sol interest rates that are aiding the Peruvian financial sector in the quick expansion of its credit portfolio.
Sol deposits in Peru's economy hit 52.0bn soles (US$18.6bn) through the end of July, which marked a new record and as well showed a month-on-month uptick of 4.47%. Year-on-year, deposits in soles rose by 21.7%, according to numbers from Peruvian banking association Asbanc.
