Peru Can Stand up to Headwinds: Velarde

Peru Can Stand up to Headwinds: Velarde

Peru Economy & Policy Corporate & Sovereign Strategy

Peru's economy rebounded in April, Central Bank Governor Julio Velarde says, with solid demand for exports offering protection against the headwinds worrying investors. The economy grew by 7.4% in April, the fastest monthly expansion this year, meaning the economy was on track to expand by 6.5% in 2013, Velarde says, speaking at the LatinFinance Andean Finance & Investment Forum in Lima Wednesday. The official adds that apparently weak 4.8% growth in 1Q compared to a year earlier was due in part

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