The election victory by Ollanto Humala in the Peruvian elections was not taken well by traders, as the Peru nuevo sol lost a lot of ground against the U.S. dollar on Monday. At around 6:12 am GMT, the U.S. dollar traded around 2.7840 against the...
Peruvian steelmaker Aceros Arequipa has reported a net profit of 150 million Nuevos Soles ($54 million) in 2010, up from a net loss of 41 million Nuevos Soles in 2009 on the back of a recovery in Peru’s demand for steel products
Peruvian long steel producer Siderperú reported a 31.9 million Nuevos Soles ($11.3 million) net profit in the second quarter, which compares with a net loss of 12.3 million Nuevos Soles in the corresponding period last year
Shougang Hierro Perú, Peru’s sole iron ore producer, reported a net profit of 150 million Nuevos Soles ($53 million) in the first half of the year, up 95% from the 77 million Nuevos Soles recorded in the same period of 2009