Andina
Photo: ANDINA/Melina Mejía

Peru: BCR raises economic growth projection to 3.2% for 2025

The Central Reserve Bank (BCR) raised Peru's economic growth projection for the current year from 3% to 3.2%.

Business
Photo: ANDINA/Archive

Peruvian Sol strengthens and serves as safe-haven currency in neighboring countries

The current account balance is composed of four factors: trade balance, services, factor income, and current transfers. Specifically, higher Peruvian exports, which achieved a record US$74.7 billion in 2024, drove a trade surplus.

Business

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