The exchange rate of the dollar The day on Monday, August 14, began rising and was located around S/3.7060, according to preliminary data from the Bloomberg international currency listing portal.
On the previous date on Friday, the US currency had started its run at S/3.6715 and then progressed to S/3.6860, according to the official marker of the Central Reserve Bank (BCRP).
This occurs while the reference price of copper on the London Metal Exchange (LME), at a 5-week low, was trading almost unchanged at US$8,291 a tonne, after having previously touched US$8,251, its lowest since May 7. July, according to Reuters.
In addition, the latest report from Goldman Sachs reveals a moderate bias on the US Federal Reserve (Fed), as it expects top rates to be around 3% and 3.25% in the analysis published during weekend.
In recent hours, China’s State Council also published guidelines to “further optimize the foreign investment environment” and “intensify efforts to attract foreign investment”, at a time when the recovery of its economy seems to have slowed down.
Finally, it was learned that transactions in yuan are already a reality for Bolivia, which between May and July of this year carried out financial operations for 278 million in the Chinese currency, which represents 10% of its foreign trade.
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.
