Exchange rate: dollar starts rising at S/3.7730 this Friday, November 17

Exchange rate: dollar starts rising at S/3.7730 this Friday, November 17

The exchange rate of dollar It started rising this Friday, November 17, 2023 in Peru and was around S/3.7730, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the North American currency had started its career above S/3.7630 and then progressed to S/3.7760, according to the official marker of the Central Reserve Bank (BCRP).

At the local level, the Minister of Economy and Finance (MEF), Alex Contreras, urged the private sector concentrated in CADE 2023 to focus on coincidences with the Executive instead of differences, with the aim of achieving a “shock of confidence ”.

At the international level, the merger of stock exchanges in Chile, Colombia and Peru is completed after meeting the conditions of the Financial Market Commission (CMF), the Chilean regulator.

Copper prices rose on Friday, boosted by the weakness of the dollar and concerns about a possible reduction in mining supply. Thus, the red metal gained 0.2% to US$8,249 per ton, after falling to six-week highs the previous day.

Meanwhile, eurozone inflation fell to 2.9% in October, its lowest level in more than two years. Community Statistics Office also reported that year-on-year inflation in the European Union in October fell to 3.6% in the tenth month of 2023.

Source: Larepublica

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