Central Reserve Bank of Peru (BCRP) eased monetary policy to support activity and allowed greater exchange rate flexibility to …, unexpected effects of the withdrawal of monetary stimulus in the U.S. could affect Peru through higher cost of investment. Near … China (one of Peru’s principal trading partners) by fostering productivity improvements and sustaining investment growth. It …

This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks … and partially dollarized economy is developed and estimated for Peru to measure the risk spillovers, and simulate domestic … macroeconomic responses in different scenarios with these two external risks. The simulation results suggest that Peru’s output is …

This paper assesses empirically the motives and effectiveness of forex interventions in Peru. While the central bank of … Peru states that its forex interventions aim only at containing excessive exchange rate volatility, the results of this …

Peru's equilibrium real exchange rate using a cointegration analysis. The results show that export commodity prices do not … have a statistically significant impact on Peru's real effective exchange rate, suggesting that the nuevo sol is not a … effectivelly insulated Peru's real exchange rate from the impact of commodity price shocks. Peru's equilibrium real exchange rate …

This technical assistance mission collaborated with the National Institute of Statistics and Informatics in Peru to …

We analyze the recent evolution of ethnic economic inequality in Peru, a major source of social discontent in the …

Over the last quarter of a century, Peru has become one of the most dynamic economies in Latin America. During this … period, Peru built very strong policy and institutional frameworks and economic fundamentals while maintaining external … trends). However, Peru is bearing a very high humanitarian and economic cost from the COVID-19 pandemic, sizable under …

After being hit very hard by the pandemic in 2020, both in terms of health and economic outcomes, Peru experienced an … 2019. On May 27, 2021, the IMF Executive Board completed the mid-term review of Peru's continued qualification under the …