Peru's Rating Trajectory: Challenges Ahead

In the latest edition of Fixed Interests Shelly Shetty, Managing Director, and Kelli Bissett-Tom, Director and primary analyst for Peru, discuss the recent downgrade of Peru’s Local Currency IDR and its equalization with the Foreign Currency IDR which was also affirmed with a Stable Outlook. They examine the challenges ahead for Peru’s economic and fiscal profiles amid the coronavirus pandemic and an impending election cycle.