The exchange rate of the dollar estsable began this Wednesday, September 6, 2023, and was located around S/3.7023 according to preliminary data from the Bloomberg international currency listing portal.
The day before, the North American currency began its run above S/3.7060 and then progressed to the close of S/3.6960 that marked the official dashboard of the Central Reserve Bank (BCRP).
At the local level, the Economic Commission for Latin America (Cepal) estimated that the Peruvian GDP will have a lower growth than projected by the Ministry of Economy and Finance (MEF), to the point that it reduced its GDP from 2.0% to 1.3%. calculation for this year.
Internationally, the president of the Federal Reserve Bank of Boston, Susan Collins, said on Wednesday that although there are signs of progress in cooling inflation, now is the time for the US central bank. proceed with caution when taking your next monetary policy actions.
Meanwhile, the ECB in Europe foresees a strong credit risk for banks if the green transition is not accelerated. The institution estimates an increase of more than 100% in the credit risk ratio unless green investment in companies in the euro zone reaches two trillion euros by 2025.
Copper prices were down 0.6% at $8,438 a metric ton on Wednesday as the currency of China, the biggest metals consumer, and German factory orders fell, highlighting weakness in the World economy.
Source: Larepublica
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