Peru | Express resilience?

Summary

In recent weeks, the Peruvian currency and sovereign bonds have shown a relatively positive performance, despite volatility due to external factors and high political noise.

Key points

• Key points:
• Peru's economic and financial resilience is the result of three decades of institutional developments that have strengthened the management of monetary and fiscal policies.
• These advances have limited the discretion of the authorities in office and have aligned incentives to achieve socially desirable objectives such as low inflation and robust fiscal accounts.

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