The exchange rate of dollar It started downwards this Wednesday, October 11 and was around S/3.8217, according to preliminary data from the Bloomberg international currency exchange portal.
The day before, the North American currency had started its career above S/3.8310 and then fell to S/3.8230 at the official closing marked on the board of the Central Reserve Bank (BCRP).
At the local level, the IMF this Tuesday reduced its growth projection for the Peruvian economy in 2023 and placed it at 1.1%, after its last update in May, where it gave it 2.2%.
Internationally, top FED officials are coalescing around the idea that tighter financial conditions following a recent rise in U.S. Treasury yields can substitute for further increases in its benchmark interest rate. .
On the other hand, oil seems to have momentarily stopped its upward trend after the outbreak of the war in the Gaza Strip. The value of crude oil (WTI) is trading at US$84.24 per barrel at the opening this Monday, and Brent, at US$86.81.
Chinese copper production in September rose 13% from a year earlier, hitting a monthly record, Antaike, a research agency backed by Xi Jinping’s government, reported Wednesday.
ILO reported that the high rate of informal employment in Latin America and the Caribbean amounts to more than 130 million people out of an active population of 282 million. 32.2% of the 600 million inhabitants in the region live below the poverty line. In addition, there are more than 200 million people in poverty.
Source: Larepublica
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