At the local level, among the factors that could have displaced the dollar are the MEF’s forecasts for 3% economic growth by 2024, as well as movements in the global crude oil market after Angola’s departure from OPEC.
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The dollar exchange rate started slightly higher at the opening of the last Wednesday of 2023 and was close to S/3.6853 on December 27, according to preliminary data from the Bloomberg international currency exchange portal.
The day before, the North American currency had started its career above S/3.6800 and then progressed to S/3.6920 at the official closing marked by the Central Reserve Bank (BCRP).
At the local level, among the factors that could have moved the dollar upwards are the MEF’s forecasts for economic growth of 3% by 2024, a situation viewed with considerable skepticism from various sectors.
At the international level, Iraq, Nigeria and the Republic of the Congo, OPEC member countries, reaffirmed their commitment to the group of oil producers following Angola’s departure last week.
In 2023, global banks had to face a difficult reality by cutting more than 60,000 jobs, marking one of the most challenging periods since the 2007-2008 financial crisis, according to the Financial Times newspaper.
Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
