The Central Reserve Bank of Peru (BCRP) reported that Peruvian exports They reached US $ 75,916 million in 2024, representing an annual increase of US $ 8,398 million, equivalent to 12.4%. This amount corresponds to 26.2% of the internal gross product (GDP) and exceeds 25.2% registered the previous year. It should be remembered that the […]
Tag: gold
What is the country with the most gold reserves in the world?: Peru has 2,300 tons and is among the first places
He gold It has been consolidated as an essential resource in the world economy and finance of various countries, thanks to its intrinsic value, its versatility and its role as a reserve asset. In the case of Peru, this precious metal represents a historical pillar in its productive activities, which stands out for having 2,300 […]
BCRP and the purchase of gold: lost opportunity or risk for economic stability?
The recent discussion about the possibility that the Central Reserve Bank of Peru (BCRP) Buy gold in the domestic market has generated debate. During a press conference, the President of Congress, Eduardo Sallejuanahe said that, if this decision had been made, Peru would have obtained “significant” profits due to the rise in the price of […]
The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons
In recent days, a notable decrease in the price of the dollar has been observed, which has generated positive expectations in the exchange market. This is because the sun is around S/3.60 following different factors that have promoted the appreciation of the Peruvian currency in early 2025. In particular, the professor and researcher at the […]
The Bolivia government sells its gold reserves to import fuel and maintain subsidies in the shortage of dollars in 2025
Bolivia chose to market its Gold reserves abroad as a strategy to obtain liquidity and guarantee imports of Fuelswhich are sold at subsidized prices in the domestic market. This decision is made in the middle of a serious economic crisis, as reported by the Ministry of Economy. The fall in gas exports has decreased the […]
This is the Latin American country that has the greatest gold reserves in the world: it is not Chile or Argentina
According to the journalist Cristian Gallegos, who remarked that gold has established itself as an essential element in the world economy due to its value and versatility. Currently, its price reaches $ 2,743 per ounce (2,631.18 euros), which would make it an attractive investment in times of financial uncertainty and geopolitical conflicts. In addition to […]
Gold record would encourage illegal and informal mining, according to experts
On Monday, January 10, the president of the United States, Donald Trump, imposed 25% tariffs on all imports of steel and aluminum, without exceptions or exemptions. The measure impacted the gold pricewhich exceeded US $ 2,900, maintaining the tendency of recent months and reflecting concerns about the commercial war, as well as the interest of […]
Peruvian exports reach US $ 74,664 million: minerals and blueberries led sales to China, USA, Chile, etc.
The Ministry of Foreign Trade and Tourism (Mincetur) announced that Peruvian exports They reached a total of US $ 74,664 million at the end of 2024, which means a new historical record for the country. In particular, he highlighted the positive performance of the metallurgical, fishing, agricultural, mining and chemical items. In addition, Mincetur stressed […]
Peruvian copper exports to China exceed total shipments to the United States: what other products are exported to the Asian giant?
The Ministry of Foreign Trade and Tourism (Mincetur) reported that Peruvian exports sent to China They exceeded US $ 25,000 million in 2024. In this way, the second economic power world exported products. In addition, imports from Chinese goods also experienced positive performance last year, since they went from US $ 14,000 million. In general, […]
About 40% of gold production is done through illegal mining
Illegal mining produces 2.2 million ounces of gold annually; that is, 39.9% of the total production of this mineral, translating into a total of approximately US$4,000 million, according to Pablo de la Flor, Corporate Affairs manager of the Poderosa mining company, during the meeting of the Institute of Mining Engineers of Peru. Along these lines, […]