On the international front, upcoming US economic data is awaited to gain clarity on the path of US interest rates. Key releases include second quarter Gross Domestic Product (GDP) growth data.
The dollar exchange rate began to rise on Wednesday, July 24, and stood at around S/3.7712, according to preliminary data from the Bloomberg international currency quotation portal.
The day before, the greenback had started its run at S/3.7480 and then progressed to S/3.7580, which was marked by the official board of the Central Reserve Bank of Peru (BCRP).
At the local level, the National Union of CAS Workers of the National Immigration Superintendence (SICASMIGRA) began an indefinite national strike that is estimated to result in daily losses of S/10 million.
On the international front, upcoming US economic data is awaited to provide clarity on the path of US interest rates.
Key releases include second-quarter U.S. gross domestic product (GDP) growth data on Thursday and the June Personal Consumption Expenditure (PCE) Price Index report on Friday.
Additionally, the preliminary S&P Global US PMI for July will be released on Wednesday, providing a fresh boost for traders.
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.
