The central manager of Economic Studies of the Central Reserve Bank (BCR), Adrián Armas, reported that the entity is monitoring the impact on the markets and the economy after the vacancy of Dina Boluarte.
“This is going to be monitored. The market is going to be very aware of the new Minister of Economy. (…) The markets are processing this information and the economic agents are too and that is going to depend on the announcements made by the new authorities and surely there we will see what the impact is,” he highlighted.
However, he pointed out that so far there has not been a major impact, except for a slight depreciation of the local currency that is in line with other currencies in the region. It should be noted that the dollar has registered a fall of 8.89% so far this year and a decline of 9.04% in 12 months.
“Going forward it will be difficult to predict. Economic agents in general and exchange rate expectations have been revised downwards,” he highlighted based on the expectations surveys published by the BCR.
It should be noted that today the dollar began the day on the rise with a price of S/3,440, after having reached lows in more than five years at the close of the session last Thursday (S/3,426).
Meanwhile, the Lima Stock Exchange (BVL) began the session in red. Thus, the MSCI nuam Peru General index registered a drop of 0.55%. This indicator is designed to represent the behavior of the local Peruvian market.
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