Internationally, rating agency S&P Global Ratings has warned that China’s fiscal stimulus is losing effectiveness and is more of a “strategy to buy time” amid high levels of local government debt.
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The dollar exchange rate began falling at S/3.7300 this Friday, April 19, according to preliminary data from the Bloomberg international currency exchange portal.
The day before, the dollar had started its run above S/3.7440 and then progressed to the official closing of S/3.7320 set by the Central Reserve Bank (BCRP).
At the local level, it is estimated that 9 million members could withdraw their AFP funds starting in June, after the Executive decided to enact the law issued by Congress that authorizes the availability of up to 4 UIT (S/20,600) .
For its part, the Congress of the Republic approved the elimination of the commissions that users of the financial system pay for making bank transfers and using credit cards.
Internationally, rating agency S&P Global Ratings has warned that China’s fiscal stimulus is losing effectiveness and is more of a “strategy to buy time” amid high levels of local government debt.
In addition, the Department of Labor reported this Wednesday that inflation in the United States shot up 0.4% in March, putting the annual rate at 3.5%.
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.
