The dollar exchange rate began rising this Monday, April 1, 2024 and was close to S/3.7290, according to preliminary data from the Bloomberg international currency exchange portal.
On the previous day on Friday, corresponding to the last day of March, the dollar had started its run above S/3.7200 and then de-escalated to S/3.7180 at the official close set by the Central Reserve Bank (BCRP). .
At the local level, inflation in Metropolitan Lima rose again in March and advanced 1.01% compared to the same month in 2023, accumulating an advance of 1.59% so far this year. However, in the annualized photograph it once again approached the target range and, after a peak in the second month of the year, it settled above 3.04%.
At the international level, the president of the US FED, Jerome Powell, ratified the central bank’s baseline for interest rate cuts after the inflation data was released this Friday. “We don’t need to be in a hurry to cut,” he stressed.
On the other hand, the World Bank foresees a slowdown in China’s growth to 4.5% in 2024 and 4.3% in 2025. New forecasts represent an upward revision of one tenth of the forecasts published in October.
Source: Larepublica
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