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Peru's currency reaches strongest level in a year this week

Peru's national currency has emerged as a mainstay of relative stability among Latin American foreign exchange markets, reaching its strongest level in a year this week. After taking a hit during the nearly two-year presidency of Pedro Castillo, the Peruvian sol is bouncing back just months after his removal and the subsequent protests that briefly stifled the economy of this Latin American nation.

Source: reuters.com

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