14.8 C
New York
Tuesday, May 17, 2022

Latest Posts

LIVE exchange rate: look at the exchange rate TODAY, Saturday May 14

- Advertisement -

meet the exchange rate for todaySaturday May 14, 2022, for purchase and sale in the parallel market and the main banks of the country. The green ticket began with a price of S / 3.7920, according to the portal Bloomberg. The previous session, on Friday, May 13, the North American currency closed operations with a value of S / 3.7880, reported the Central Reserve Bank of Peru (BCRP).

On Thursday, May 12, the board of the BCRP decided to raise the reference interest rate up to 0.5%, as part of the normalization of monetary policy. In this way, it ranks as the highest index since April 2009. On May 13, the Lima Stock Exchange (BVL) closed its operations with gains in most of its indices: 14 indicators on the rise, 2 on the low and none unchanged.

The BCRP It also reported that from July 2022 the price increase would begin to recede. This was announced by Adrián Armas, central manager of Economic Studies of the entity. “We hope that in May we will have lower inflation than in March and April, and to have a downward trend as of next July,” the official said. Armas added that the inflation it would reach the target range of between 1% and 3% by the second or third quarter of 2023.

- Advertisement -

The pension fund associations (AFP) would take a year to recover the losses of their affiliates, indicated experts consulted by La República. So far this year, the AFP lost S/ 4,346 million, according to information from the Superintendency of Banking, Insurance and AFPs (SBS). Economist Eduardo Recoba and professor Luis Mendiola agreed that these negative numbers could have been lower with better administration.

Live: Dollar, latest news for Saturday May 14:

Trade balance presented a surplus of more than US$ 15,000 million

According to the Central Reserve Bank of Peru (BCRP), the trade balance registered a surplus of US$ 15,905 million in the last twelve months to March 2022, higher than the accumulated registered in the previous month (US$ 15,470 million ).

In March, the trade balance surplus totaled US$1,069 million, an amount US$435 million higher than in March 2021. In the first quarter, a trade surplus of US$3,839 million was recorded, higher than that recorded in the previous year (US$ 2,767 million).

Source: Larepublica

- Advertisement -

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.