Exchange rate: dollar starts rising above S/3.7025 this Friday, April 12

Exchange rate: dollar starts rising above S/3.7025 this Friday, April 12

This occurs after the largest issuing entity decided to reduce its reference rate to 6.0%, about 25 basis points less than in March, when they decided not to touch it (6.25%).

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The dollar exchange rate began rising above S/3.7025 this Friday, April 12, according to preliminary data from the Bloomberg international currency exchange portal.

The day before, the greenback had started its career at S/3.7100 and then climbed to S/3.6930 marked by the official board of the Central Reserve Bank (BCRP).

This occurs after the largest issuing entity decided to reduce its reference rate to 6.0%, about 25 basis points less than in March, when they decided not to touch it (6.25%).

In addition, the Plenary Session of the Congress of the Republic approved a new withdrawal of up to 4 UIT (S/20,600) from the private funds of the AFPs. Another project for the free availability of the CTS is still pending.

At the international level, the International Monetary Fund (IMF) will increase global growth in the short term, but warns of a slowdown in global economies by 2030.

Author's photo

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

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