Petroperú’s dollar bonds have staged an unlikely rally—about 14% since July—despite yet another bout of political turmoil in Lima. Investors are betting less on the oil company’s earnings and more on the Peruvian state’s...
Colombia’s peso hovered around 3,920 per dollar early Tuesday, roughly in line with the official TRM of 3,913.
The backdrop is straightforward: the U.S. Dollar...
