The exchange rate of dollar It started rising this Monday, October 16 and was quoted at S/3.8542, according to preliminary data from the Bloomberg international currency exchange portal.
In the previous day on Friday, the North American currency had started its career above S/3.8350 and then progressed to S/3.8610, according to the official scoreboard of the Central Reserve Bank (BCR).
At the local level, August GDP fell 0.63% in August and has accumulated a decline of 0.58% so far this year. The sectors that explain the monthly contraction are construction (-9.57%), financial (-9.68%), manufacturing (-4.11%), agriculture (-4.05%), telecommunications (-2.35 %), accommodation and restaurants (-0.65%) and transportation (-0.28%).
Internationally, US West Texas Intermediate (WTI) oil fell 2 cents to US$87.67 per barrel, while Brent futures are trading flat at US$90.89.
The IMF countries failed to agree on Saturday on a US-backed plan to increase IMF financing without giving more participation to China and other large emerging markets.
Source: Larepublica
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