Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Peru Sol Rises Most in Month on Fed Stimulus View; Bonds Gain

Peru’s sol gained the most in a month as demand for emerging-market assets increased after a Federal Reserve official supported a stimulus program.

The sol appreciated 0.7 percent to 2.7060 per U.S. dollar at today’s close, the most since May 3, according to prices from Datatec.

Recent data suggest the U.S. economy isn’t strong enough to justify a reduction in bond buying, Federal Reserve Bank of Atlanta President Dennis Lockhart said yesterday. The sol fell to 2.7360 on May 31, its lowest since October 2011, on speculation the Fed will reduce purchases that have buoyed emerging market assets.

“Sensitivity to U.S. economic data is at its strongest,” said Gonzalo Navarro, the head trader at Banco Santander SA’s local unit. Local and foreign dollar supply and banks’ large holdings spurred the sol gains, he said.

President Ollanta Humala held the first of a series of meetings with business leaders to discuss government measures to accelerate investment projects, according to an e-mailed statement from his office.

The yield on Peru’s benchmark sol bond due in August 2020 dropped five basis points, or 0.05 percentage point, to 4.75 percent, according to data compiled by Bloomberg. The price rose 0.32 centimo to 118.52 centimos per sol.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.