Internationally, Citi anticipates the Fed’s first rate cut in June, while OPEC has maintained its forecast of strong oil demand for 2024.
- Price of the dollar in Peru: what is the exchange rate quote this Friday, January 19?
- Congress approves extending the retirement age limit
The dollar exchange rate started the day stable this Friday, January 19, and was around S/3.7406, according to preliminary data from the Bloomberg international currency exchange portal.
The day before, the greenback began its career above S/3.7400 and then progressed to the official closing of S/3.7470 set by the Central Reserve Bank of Peru (BCRP).
At the local level, Petroperú reported that, thanks to its three lots and its refinery, it expects flows of US$572 million in 2024, even without the state support that it has requested for S/1,150 million from the Peruvian Government to meet its 2023 commitments.
Internationally, Citi anticipates the Fed’s first rate cut in June. Analysts cited by Forbes said Citi sees global growth this year slowing to a “well below trend” pace and inflation slowing toward central banks’ targets.
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its forecast of strong oil demand (2.2 mb/d) for this year and has projected a “robust” increase in crude oil use in 2025 led by China and the Middle East .
Finally, from Davos more than 250 billionaires and millionaires signed an open letter titled “Proud to Pay More” in which they urged the leaders of the World Economic Forum to impose more taxes on them to combat inequality.
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.
