The US dollar gained strength against the Brazilian real on Wednesday, October 9, 2024. The currency closed at R$5.598. This represents a 1% increase compared to the previous day’s closing rate. The dollar’s rise reflects ongoing concerns about the Chinese economy and potential interest rate cuts in the United States. Throughout the trading session, the […]
Related Posts
Colombia’s Inflation Takes a Dip
In January, Colombia experienced a 0.92% inflation rate, leading to an annual figure of 8.35%, as per DANE. This represents a 4.90 percentage point drop compared to the same period last year, which saw a 13.25% rate. Financial experts in Colombia anticipated this, with a Bank of the Republic survey predicting a 0.93% rate. The […]
Friday’s Morning Call: A Week of Wavering Fortunes
As the week drew to a close, Friday mirrored Thursday’s calm, lacking impactful economic data to stir the financial markets. Despite the day’s quietude, the Brazilian stock market, B3, remained a focal point due to the Ibovespa’s persistent decline. On the previous day, the index scraped by, barely maintaining stability and closing almost unchanged. During […]
Peru’s consumer price index increases by 3.17% from January to July 2023
The Consumer Price Index (CPI) of Peru saw a 0.34% increase in July 2023, accumulating a rise of 3.17% over the first seven months of the year, according to a report by the National Institute of Statistics and Informatics (INEI). The CPI for Metropolitan Lima recorded a 0.39% increase in July, bringing the total variation […]