The Peruvian economy would grow 13.2% this year if the production rhythm observed until August is maintained, according to the president of the Central Reserve Bank (BCRP), Julio Velarde. Said calculation by Velarde would be 1.3 percentage points higher than 11.9% estimated by the issuing entity in its latest inflation report. “It’s not just rebound” […]
Tag: BCRP
BCRP raises the benchmark interest rate to 2%
This Thursday, the board of the Central Reserve Bank of Peru (BCRP) agreed to raise the benchmark interest rate to 2%, maintaining an expansionary monetary policy stance. It is worth mentioning that previously the reference interest rate was at 1.50%, and this rebound of 50 basis points was decided upon considering that 12-month inflation rose […]
Dollar in Peru: exchange rate closed at S / 4.0190 this Thursday, November 11
The price of the dollar closed lower and stood at S / 4.0190 in operations on Thursday, November 11. The greenback started the day at S / 4.0246 as reported by the Central Reserve Bank of Peru (BCRP). The currency depreciated by 0.2% compared to the close of last Wednesday, November 10, when it stood […]
BCRP revalues growth of the Peruvian economy upwards: 13.2% by 2021
The Peruvian economy would now grow this year by 13.2%, the president of the Central Reserve Bank (BCRP) said on Thursday. Julio Velarde. It is worth emphasizing that the entity previously projected a rise of 11.9% in GDP at the end of 2021, after a fall of 11.2% in 2020. “We are better than any […]
Dollar in Peru: exchange rate opens lower and is quoted at S / 4.0246
Exchange rate starts down in the day of Thursday, November 11 and is located at S / 4.0246 at 09:10 am, with which a decrease is noted at the close of last Wednesday when it stood at S / 4.0270 according to the report of the Central Reserve Bank of Peru (BCRP). The purchase of […]
Dollar in Peru: exchange rate rose at the end of November 8 and stood at S / 4,015
The dollar closed the session on Monday, November 8, higher and was quoted at S / 4.0150, reported the Central Reserve Bank of Peru (BCRP), which only placed Exchange Swaps Sale and Overnight Deposits to stabilize the market of exchange rate. This represented an appreciation of 0.07% of the safe haven ticket on the close […]
What does going positive mean in business expectations?
Expectations and the need to look at trajectories Kurt Burneo Farfán, former Minister of Production. Reviewing the data from the macroeconomic expectations survey to October that the BCRP applies monthly, in the case of the businessmen’s view of the general economic situation in 3 months, it improved from 35 to 43 points between September and […]
BCRP: traditional exports grew 46.6% in September compared to 2019
The Central Reserve Bank of Peru (BCRP) reported that traditional exports in September of this year reached 4,154 million dollars, which is 46.6% more than that registered in the same month of 2019. The result that goes beyond pre-COVID-19 levels is due to higher prices of minerals and volumes of fishery products. On the other […]
Dollar falls to S / 4,012 and the Stock Market won after consecutive losses
Yesterday, at the end of the first week of November, the dollar fell slightly to S / 4,012, according to the Central Reserve Bank. Despite this slight decrease, the “greenback” appreciated 0.5% since October 29, when the currency reached S / 3,992. Jorge Luis Ojeda placeholder image, an expert in finance, said that the vote […]
Business expectations mostly optimistic
The expectations According to the latest Macroeconomic Expectations Survey of the Central Reserve Bank of Peru (BCRP), the macroeconomic events carried out in October showed a recovery for the second consecutive month, reflecting in a greater dynamics of the economy and the generation of jobs. According to the survey, all indicators of the current situation […]