The exchange rate of the dollar It started stable this Friday, January 20, and was around S/3.8580, according to the Bloomberg quotes portal.
The North American currency had started at S/3.8525 on the previous date on Thursday and then progressed to S/3.8600 that marked the official board of the Central Reserve Bank of Peru (BCRP).
This occurs after the city of Lima experienced the first day of protests against the government of President Dina Boluarte, protests that were replicated in southern cities such as Arequipa, Puno and Cusco. Today a second mobilization is getting ready.
Economist Juan Carlos Odar revealed that, in the three weeks to date of the year, the exchange rate has risen 1.39%, due to “local factors, since the contribution of external factors has been minimal and even marginally negative.” .
At the international level, copper – Peru’s main export metal – for three months on the London Metal Exchange fell 0.1% to US$ 9,299 a tonne at 1115 GMT (06:15 Peruvian time), which which brought its profits to 1% for this week and to 11% so far this month.
Finally, the US Federal Reserve (FED) indicated that the prospects for a fall in prices for the coming months are good. The comment anticipates a moderation of the central bank’s rate hikes as inflation in the country – at 6.5% in December – registers increasingly lower levels, after reaching 40-year highs last summer.
Source: Larepublica
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