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General TradingP
Peruvian Sol (PEN)
The Peruvian Sol is the official currency of Peru, abbreviated as PEN in forex markets. It is managed by the Central Reserve Bank of Peru and is influenced by copper prices given Peru's large mining sector.
Example
“A forex trader sees USD/PEN drop from 3.80 to 3.72 as rising copper prices strengthen the Peruvian Sol against the US Dollar.”