Currency & Economy
Cusco Economic Information
Cusco is mainly a farming and mining department, and in the last years, the tourism has passed to be one of the main economic activities in Cusco. The agriculture produces mainly: barley, corn, potato, quinua, broad beans and other altitude crops. In Espinar (province of Cusco) the multi-metallic Tintaya Mine is found and in La Convencion (province of Cusco also), we can find Camisea Gas Fields as well.
Currency and Exchange Rate
The official currency of Peru is the Nuevo Sol (S /.) Divided into 100 cents. Coins are in denominations of 10, 20 and 50 cents, 1, 2 and 5 Nuevos Soles and notes of 10, 20, 50, 100 and 200 soles...
The Peruvian financial system consists of 64 financial institutions: 15 banks, 10 finance companies, 13 Municipal Savings and Loan. Of which Continental, Interbank, Scotiabank, Bank of Credit and listed the top 25 banks in Latin America...
In Peru, the main taxes are Central Government revenues, which are collected by the National Tax Administration Superintendency (SUNAT for it's acronym in Spanish).