Exchange rate: dollar starts rising above S/3.8657 this Tuesday, October 17

Exchange rate: dollar starts rising above S/3.8657 this Tuesday, October 17

The exchange rate of dollar It started rising this Tuesday, October 17, and was around S/3.8657, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the North American currency had started its run above S/3.8575 and then progressed to the official closing of S/3.8600 marked by the Central Reserve Bank (BCRP).

At the local level, the Economic Studies Department of Scotiabank revised its projection of inflation in Peru downwards for 2023, from 5% to 4.6%, due to the trends that have occurred in the variation of prices. , below expectations.

For its part, BBVA Research pointed out that the weakness that activity continues to show in the third quarter and sectoral trends reinforce the downward bias of our growth forecast for 2023, currently at 0.4%.

At the international level, industrial production in the United States increased by 0.3% in September, which contrasts with the stagnation registered in the eighth month of 2023, as the Federal Reserve (FED) preliminarily reported this Tuesday. .

In response, the New York Stock Exchange opened lower this Tuesday, concerned about a sign of improvement in American consumption, which raises fears of a greater adjustment in monetary policy.

Finally, Brent crude futures closed at US$89.65 a barrel, down US$1.24 or 1.4%. U.S. West Texas Intermediate (WTI) crude fell US$1.03, or 1.2%, to finish at US$86.66 a barrel.

Source: Larepublica

You may also like

Immediate Access Pro