Business
Photo: ANDINA/Daniel Bracamonte

Peru: BCR only sets reference rates in domestic currency

Peru's Central Reserve Bank Governor Julio Velarde clarified that the monetary institution only sets the reference rate for credit operations in domestic currency (soles).

09:04
Photo: ANDINA/Archive

Peru: Anchovy fishing might remain dynamic in 2H 2025

Anchovy fishing is expected to maintain its momentum in the second half of 2025, following a strong first half, as projections indicate that 2025 could end with a catch close to 5 million metric tons (MT), a 9% increase compared to 2024 (4.6 million MT), according to Scotiabank's Economic Studies Department.

01:00