PEN

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PEN

The ISO 4217 currency code for the Peruvian Nuevo Sol.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

PEN

ISO 4217 code for the Peruvian new sol. It was introduced in 1991, replacing the inti, which had replaced the first sol in 1985. It was issued to stem hyperinflation, which had plagued Peru in the late 1980s. Its inflation rate has historically been very low and it developed a reputation as a reliable South American currency.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Butterfly, David Henry Hwang describes the importance of addressing cliched plots and perdurable stereotypes, stating that in order to "set pen to paper" he had to "break the back of the story" (95).
We challenge you to set pen to paper and surprise yourself with the quality and usefulness of your own ideas.
Normally I do not respond to reviews, but since I respect Monthly Review so highly - indeed I have published in it - I must say a few words in reply to Victor Wallis's strange and uncomradely discussion of my book After Marxism (MR January 1996) All those of us on the Left who have ever set pen to paper accept the possibility of hostile and uncomprehending readers: it goes with the territory when you attack the dominant ideological conventions and threaten long-established interests.