The exchange rate of dollar It continues its bullish run this Monday, October 23 and began this week at S/3.8799, according to preliminary data from the Bloomberg international currency exchange portal.
In the previous day on Friday, the North American currency had broken fire at S/3.8670, and then went to S/3.8810 at the official closing of the Central Reserve Bank (BCR).
At the local level, the Ministry of Economy and Finance (MEF) recognized that the country’s growth drivers have been hit by a recession that, according to various specialists, could have its effects until 2026.
At the international level, markets strengthen the expectation that the Federal Reserve will maintain a restrictive monetary stance for an extended period of time, applying a pause in the monetary policy decision of November 1.
In addition, a new report from the European Union (EU) indicates that the world could raise US$250 billion annually if it applied taxes to the fortunes of billionaires, according to data published this Monday from the EU Fiscal Observatory.
Oil closed the previous week with a gain of 1.21%, trading at US$88.75 per barrel, reaching a high of US$90.78. In the last two weeks, the price of WTI has accumulated an increase of 7.20%.
Finally, the price of copper, Peru’s main export metal, experienced a decline of 0.7% on the London Metal Exchange (BML) and stood at around US$3,549 per pound.
Source: Larepublica
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