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BBVA Research projects continued foreign investor purchases of Peruvian sol-denominated sovereign bonds in 2020, though likely at a slower pace than 2019. Non-resident holdings rose to S/59 billion by end-2019, about 49 percent of the total, and BBVA forecasts Peru's 2020 growth at 3.1 percent.
Steady foreign bond inflows support the sol and Peruvian import capacity, a modest background factor for regional feed demand and currency-driven import costs.
andina.peJan 24, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
