Peru

Peru's Silva may head for IMF

Chairman of the Central Bank of Peru, Javier Silva Ruete, may leave his job and head for the IMF in Washington, Gestion newspaper reported this week, citing Economy and Finance Minister Pedro-Pablo Kuczynski.

IADB conference opens in Peru

Finance ministers and central bank presidents from 46 nations are meeting in Lima to participate in the Inter-American Development Bank conference, which opened on Monday 29 March.

Political noise slows growth- Peru c bank

Peru's central bank president, Javier Silva Ruete, said that the political turbulence shaking the government of Peruvian President Alejandro Toledo is hurting economic growth and could scare off future investment.

Peru's central bank chief may face fraud charges

A Peruvian congressional commission voted 6-1 in favour of recommending Congress bring fraud charges against central bank of Peru governor Javier Silva Ruete last Tuesday, according to a Reuters report. The matter refers to Ruete's alleged sponsoring of…

Central Bank of Peru - Annual Report 2002

The Central Bank of Peru has published its Annual Report for the year ended 2002. Since 2002, the Central Bank's monetary policy has been conducted following a scheme of Explicit Inflation Targeting, the Annual Report says.

Finance minister becomes governor in Peru

How will Javier Silva measure up as the new governor of Peru's central bank? Previously the country's finance minister, Silva stepped into the breach to replace Richard Webb after the latter's resignation on account of unworkable disagreements between…

"Upside down world" in Peru

Peru's central bank is in a state of flux. Its governor, Richard Webb, has abruptly resigned, lamenting to CentralBankNet that the central bank is caught up in "an upside down world". Webb's flight was prompted by unworkable differences between himself…

Webb resigns as president of Peru's central bank

Richard Webb has resigned as president of Peru's central bank. A statement from the President's office did not give a reason for the resignation, Reuters reported. A later report from Bloomberg News quoted Economy and Finance Minister Javier Silva as…

Peru central bank deputy denies Webb has resigned

Carlos Castro, deputy president of the central bank of Peru denied newspaper reports that central bank chief Richard Webb had resigned. Reports suggested Webb quit his post after clashing with the board's six other members over the dismissal of several…

CCE to move US$10mn this year - Peru

PERU - Peru's electronic payment association (CCE) expects its online wire transfer and credit card payments facility to move US$10mn this year, Peruvian daily Gestion reported on Tuesday.

Swiss regulator orders audit for Israeli bank unit

SWITZERLAND - The Swiss Federal Banking Commission said Tuesday it has concluded its investigations related to the country's money laundering case against Peru's former spy chief Vladimiro Montesinos and has ordered a special audit of Bank Leumi Le…

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