The ideal of any economy is to maintain the value of its currency. While other countries suffer the depreciation of their currencies (eg. the Argentine peso, the dollar against the euro), the Peruvian currency has strengthened. The issuing entity according to their reports in 2008 has injected more liquidity into the economy due to growth of GDP.
Article 1234 of the Civil Code says: " payment of a debt owed national currency not be required in currencies other than, or different amount nominal amount originally agreed. " This means that the implementation of the benefit shall be necessarily incurred in national currency and, article nominalist principle refers to the obligations in cash.
We note that both the nominal and the value of recognizing the legal concept of money.
What happens to the application of the Theory Nominalist in times of hyperinflation?
"An exception to Nominalism Articles 1235 and 1236 the Peruvian Civil Code? Why?
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