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Exchange rate: dollar continues to fall and opens below S/3.7382 this Wednesday, March 6

Exchange rate: dollar continues to fall and opens below S/3.7382 this Wednesday, March 6

Eyes are now on the semi-annual monetary policy testimony that US Federal Reserve Chairman Jerome Powell will deliver before Congress on Wednesday.

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  • Price of the dollar in Peru today: what is the exchange rate for this Wednesday, March 6?
  • Banco de la Nación, March 2024: check HERE the salary and pension payment schedule in the State

The dollar exchange rate began to decline this Wednesday, March 6, and stood at around S/3.7382, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the greenback had started its career at S/3.7725 and then deescalated to S/3.7470, according to the official closing of the Central Reserve Bank of Peru (BCRP).

At the international level, the Norwegian consulting firm Rystad Energy revised upwards its projection of the average price of a barrel of oil in 2024. For example, Brent will have an average value of US$85 this year due to the extension of voluntary production cuts from OPEC+.

Additionally, eyes are now on the semi-annual monetary policy testimony that US Federal Reserve Chairman Jerome Powell will deliver before Congress on Wednesday.

For its part, China set on Tuesday a growth target of 5% of gross domestic product in 2024, one of the most modest in decades but difficult to achieve before the slow post-covid recovery of the world’s second largest economy.

Finally, the World Bank estimated that the global gender gap for women in the workplace is much wider than previously thought, according to the ‘Women, Business and the Law’ report.

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In the LR Economy section we have a team of professionals who are dedicated to writing, reviewing and analyzing articles to guarantee the quality of our content. We are committed to providing accurate and useful information about the economy.

Source: Larepublica

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