Exchange rate: dollar starts rising at S/3.7778 this Tuesday, September 26

Exchange rate: dollar starts rising at S/3.7778 this Tuesday, September 26

The exchange rate of dollar It started rising this Tuesday, September 26 and stood at S/3.7778, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the North American currency had started its career at S/3.7610 and then progressed to S/3.7790 marked by the official board of the Central Reserve Bank (BCRP).

Locally, costs to generate electricity have increased to almost US$220 MWh due to climate change, six times what it cost just a year ago. Due to this, it is not ruled out that electricity prices for domestic users could gradually increase starting in 2024.

Internationally, copper prices are falling due to concerns about demand in China, the world’s largest consumer of metals, and high inventories, as well as persistent pressure from a strong dollar and expectations of higher interest rates. long-term.

Meanwhile, oil prices fall for the second consecutive day, with Western Texas Intermediate (WTI) breaking below the US$90 level, due to the strengthening of the dollar.

Finally, China and the European Union (EU) agreed this Monday to “strengthen” their macroeconomic policies and “respond to challenges” during the tenth high-level economic and trade dialogue held this Monday in Beijing.

Source: Larepublica

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