The Peruvian sol ends the week 0.2% stronger compared to the interday close of its North American pair, which ended 2023 with a price of S/3.7070.
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The dollar exchange rate closed slightly lower this Friday, January 12, 2024 and stood at S/3.6960, according to the official closing of the Central Reserve Bank (BCRP).
The day before, the North American currency had closed at S/3.7030 and then had progressively deescalated until this Friday’s opening, which was at S/3.6940.
The Peruvian sol ends the week 0.2% stronger compared to the interday close of its North American pair, which ended 2023 with a price of S/3.7070.
The ICE US Dollar Index DXY, which tracks the currency against a basket of six major rivals, was trading around 102.16 on Friday morning, down 0.1% on the day but up around 0. .8% since the beginning of the new year.
Traders on Friday priced in a greater likelihood that the Federal Reserve will pursue more expansionary monetary policy this year, after a U.S. government report indicated that inflation in the wholesale market was lower than economists expected.
During the day it was also known that China’s exports registered their first decline in seven years in 2023, according to official data published this Friday, figures that reveal the tension with the United States and the impact of the weak recovery of the global economy.
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.
