The exchange rate of the dollar It started stable at S/3.5696 this Monday, July 17, according to the Bloomberg international currency listing portal.
On the last day of Friday, the North American currency had started at S/3.5755 and then progressed to S/3.5590 that marked the official board of the Central Bank of Reerva (BCRP).
This occurs while in our country INEI reports that almost 150,000 formal jobs did not recover compared to the pre-pandemic level at the end of the first half of 2023.
Likewise, the GDP fell -1.43% in May, its biggest setback in more than two years. In the fifth month of the year, the fishing, manufacturing and construction sectors contracted -70.6%, -15.5% and -11%, respectively. The Peruvian economy accumulates a fall of -0.49% between January and May.
At the international level, expectations remain high for a possible stagnation of interest rates in the United States after the next meeting of the FED, to be held on July 25 and 26, in which employment and inflation data could be decisive.
Three-month copper on the London Metal Exchange (LME) fell 2.5% to $8,460 a tonne, while the most traded August contract on the Shanghai Futures Exchange dipped 1% to 68,740. yuan per ton.
In addition, US West Texas Intermediate crude fell $1.34, or 1.8%, to $74.08, in a second straight day of losses for both contracts.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
