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Exchange rate: S / 4.0238 at the opening of the dollar in a key week for the MEF

This Friday, November 19, dollar The day began slightly higher after, according to figures from the Central Reserve Bank of Peru (BCP), closing the day before with a value of S / 4.0220. At 09:10 am, the currency was trading at S / 4.0238 on the Bloomberg portal.

This occurs while the Ministry of Economy and Finance (MEF) finalizes details of the presentation of the 2022 Public Budget project that will be carried out next week before the Congress of the Republic, as announced by President Pedro Castillo and his minister of the branch, Pedro Francke.

In addition, the Government now manages a projection of economic growth of at least 13% for 2021, after raising its expectations, even beyond its previous estimates, thanks to the rapid post-vaccination reactivation process.

Meanwhile, in the international market, the dollar was heading to close a fourth consecutive week of gains against its main rivals, capitalizing on the problems of the euro, according to Reuters.

The index that compares the greenback to a basket of six prominent coins, is heading for a weekly gain of around 1%. In the session it was up 0.4%, close to the 16-month high achieved on Wednesday.

Recent data from the United States showed that inflation in October was the highest since 1990, while retail sales figures beat forecasts, which is driving the dollar’s strength.

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