Tag: Luis Castilla

• Saturday, November 3rd 2012 - 03:44 UTC

  Peru considers rescuing debt to cool inflow of capital and currency appreciation

  

  Peru is considering the anticipated cancelling of public debt to drain ‘dollars’ from the market and impede the sustained appreciation of the local currency, Sol, said Economy minister Luis Castilla. This would be the first step for a new liabilities management approach to extend in time the maturing of Peruvian bonds and other debt papers.