According to Peru’s central bank (BCR), the country’s NIR amounted to US$ 58.14 billion to July 24 this year.
The principal director of Sovereign Rating for Latin American at Fitch Ratings, Erich Arispe, said that Peru has important strengths in macroeconomic performance, public finance and external finance, compared to other countries with the same rating.
"The important thing is to develop state policies independent of the current government. President Humala has done a good job to reaffirm the continuity of economic policies that have led to high growth, low inflation, fiscal sustainability and financial risks reduction," he said.
In November last year, Fitch Ratings upgraded the credit rating of Peruvian debt in foreign currency from BBB- to BBB with a stable outlook, rising a second step within the range of investment grade.
"Peru shows a high growth, higher than the average in Latin America despite a disappointing international context with greater risk aversion in Europe and low growth in developed economies," he told Andina news agency.