As announced months ago, Foreign Minister Javier González-Olaechea confirmed that Chinese President Xi Jinping will arrive in Peru to inaugurate the Chancay Megaport. In other news, two events this week could change the economic course in the US this year.
- Price of the dollar in Peru: what is the exchange rate quote this Sunday, January 21?
- Congress heading to raise the retirement age to 75 years
The dollar exchange rate began to decline this Monday, January 22, and stood at S/3.7402, according to preliminary data from the Bloomberg international currency exchange portal.
On the previous day on Friday, the greenback had started its career at S/3.7430 and then progressed to S/3.7430 marked by the official board of the Central Reserve Bank (BCRP).
At the local level, Foreign Minister Javier González-Olaechea confirmed what had already been announced months ago: that Chinese President Xi Jinping will arrive in Peru for the inauguration of the first stage of the Chancay Megaport, in the last quarter of 2024.
Internationally, this week, two major economic reports could be instrumental in understanding which direction central bank policymakers will take and how markets might react to a change in monetary policy.
The US Commerce Department will reveal its initial estimate of GDP for the fourth quarter of 2023 on Thursday, with a growth expectation of 1.7% for the last three months of the year, according to economists surveyed by Dow Jones.
On Friday, the Commerce Department will release data on the personal consumption expenditure (PCE) price index, a key inflation indicator for the Fed. Growth is expected to be 0.2% for the month and 3% for the month. full year in central PCE prices, which exclude volatile food and energy components.
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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.
