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Tuesday, September 27, 2022

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Exchange rate opens lower and stands at S/ 3,897

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The exchange rate It opened lower this Monday, July 25, and stood at S/ 3.8976, according to the Bloomberg currency trading portal. Last Friday the Central Reserve Bank (BCRP) had given a closing of S / 3.916, which represents a decline of 0.47%.

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At 9.20 am in the parallel market the greenback it was quoted at S/ 3,890 for the purchase and S/ 3,920 for the sale. While the bank exchange rate at the windows of the Credit Bank of Peru was S / 3,890 for purchase and S / 3,936 for sale, according to the portal How much is the dollar.

At the local level, yesterday the Ministry of Labor and Employment Promotion (MTPE) modified the Law on Collective Labor Relations, with the intention of promoting freedom of association and collective bargaining.

Meanwhile, in the international arena, Morgan Stanley strategists see more Fed hikes in the benchmark rate, while JP Morgan Chase & Co. say bets that inflation has peaked will lead to a pivot in the Federal Reserve and will improve the outlook for stocks in the second half.

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Source: Larepublica

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