Exchange rate: dollar starts falling at S/3.7073 this Wednesday, September 20

Exchange rate: dollar starts falling at S/3.7073 this Wednesday, September 20

The exchange rate of dollar It started the day this Wednesday, September 20, down at S/3.7073, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the North American currency had started its career at S/3.7100 and then progressed to S/3.7140 at the official closing marked by the Central Reserve Bank (BCRP).

At the local level, the Ministry of Energy and Mines (Minem) put an end to a long crusade to revert the Talara lots to the Peruvian State through PetroperĂș, and announced that the VI and Z-2B fields will be tendered through a tender once their contracts expired.

Internationally, Wall Street opened in green and the Dow Jones Industrial Average, its main indicator, rose 0.26%, when investors are waiting to see what the next steps of the Federal Reserve (Fed) will be.

Economists predict the Fed will keep rates steady, but investors will pay close attention to central bank chair Jerome Powell’s summary of economic projections for clues. This Wednesday he will announce whether or not he will raise interest rates.

The price of a barrel of Texas intermediate oil (WTI) opened with a drop of 0.86%, to US$90.86 a barrel. Thus, the price of black gold – which had risen almost 20% since August – weakened despite the fact that US crude oil reserves decreased last week by around 5.25 million barrels.

Source: Larepublica

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