Trade in goods between Latin America and China multiplied by 35 between 2000 and 2022while the region’s total trade with the world only multiplied by 4, the Economic Commission for Latin America and the Caribbean (ECLAC) indicated this Thursday. In its annual report on international trade prospects in the region, the United Nations organization based […]
Tag: 35%
BCRP tightens the reserve rate in foreign currency
The Central Reserve Bank (BCRP) decided to increase the reserve rate for obligations with average terms equal to or less than 2 years with foreign financial entities, subject to the special reserve regime, from 9% to 35%. Through Circular No. 0011-2023-BCRP, the issuing entity indicated that this variation applies to obligations contracted as of July […]