The increase of Value Added Tax (VAT) from 12 to 15% applies from April 1 in Ecuadorin the midst of citizen concern about possible price speculation, but with recognition of the need for resources to finance security actions in the country, hit by violence. On March 15, the president of Ecuador, Daniel Noboa, decreed the […]
Tag: rise
High prices of cocoa and sugar cause increase in the cost of chocolate
The sweet baskets of Easter will likely take a bitter toll on consumers this year as the price of cocoa rises to record levels. Cocoa futures have soared this year, nearly doubling since early 2024. Rising temperatures and weather conditions have overwhelmed and damaged crops in West Africa, which produces more than 70% of the […]
Oil continues to rise due to disruptions in the Red Sea
He Petroleum rose again on Tuesday, still driven by attacks on ships in the Red Seaalthough the market is not won by enthusiasm. The price of a Brent barrel from the North Sea for delivery in February rose 1.6% and closed at US$79.23. The US West Texas Intermediate (WTI) for delivery in January, on its […]
Fed begins its last meeting of 2023 that could end the rate hike
The Federal Reserve begins its last meeting of 2023 this Tuesday, a meeting that according to experts could dictate that the end of the increases in interest rates has arrived, although its decline is still not in sight in the near future. Analysts and economists are convinced that the Fed will pause again in December, […]
Bonds rise, stocks fall could encourage Fed pause
The increase in the yield of the bonds of the Treasure of USA and home mortgage rates may reduce support from the Federal Reserve to further rises in interest rates, the prospects for which have already diminished due to the slowdown in the inflation. The Fed raised rates at its July meeting by a quarter […]
Dollar in Peru: exchange rate closed down and stood at S / 3.8520
The price of the dollar closed lower and stood at S/ 3.8520 in the operations of Friday, February 4. The greenback started the day at S/3.8684, as reported by the Central Reserve Bank of Peru (BCRP). In this way, the value of the US currency fell 0.20% compared to the close of Thursday, February 3, […]
Osinergmin reports a rise in fuel prices of up to S / 0.27
The Supervisory Agency for Investment in Energy and Mining (Osinerming) published this Monday, December 20, the reference index of prices of petroleum-derived fuels, which shows an increase of up to S / 0.27 compared to the report of the last week. This is the first rise after a sustained decline since the fortnight of November. […]
Lima Stock Exchange closes with all indices in green driven by the industrial sector
The Lima Stock Exchange (BVL) closed the day on Monday, December 6 with gains in the 15 sectors, mainly driven by the good performance of the shares of the industrial sector. At the close of operations, the S & P / BVL Peru General index, the most representative of the Lima stock market, registered a […]
Gas balloon raises the price to S / 60 in distributors of the city of Cusco
The price of the LPG (Liquefied Petroleum Gas) bottle of 10 kilograms rose S / 60 in the distributors of the city of Cusco. The raise applies since yesterday and gas is already sold between S / 56 and S / 60. “Solgas was S / 54. From today (yesterday) we sell it for S […]
Dollar in Peru: exchange rate closed at S / 3.9480 this Tuesday, October 19
The price of the dollar closed with a slight rise and stood at S / 3.9480 in operations on Tuesday, October 19, after starting the day at S / 3,9472, as reported by the Central Reserve Bank of Peru (BCRP). In this way, the greenback raised its price for the second consecutive session, after reporting […]