dollar vs yuan

Peru: The dollar is currently trading at S / 3.77 on the inter bank market this morning, Thursday, April 29.

The US currency is expected to have fallen 1.80% in yesterday’s trading session, the first time since eight straight sessions of gains.

Because of the confusion generated by the second electoral round between candidates Pedro Castillo and Keiko Fujimori, the price of the green ticket has stayed high over the last week, and according to a survey conducted by SAE Apoyo Consultora, 75 percent of corporations are deferring investments in Peru because of the uncertainty.

This diminished confidence in the Peruvian market is attributed to the possibility of a win for candidate Castillo, who, according to polling, has the highest voter intention and supports reform in the economic paradigm in his government strategy.

By Moeen Ali

I am Moeen Ali, Sub Editor & Author at The Ticker Times. I am associated with "The Ticker Times" for the past six months and a lot more years to come. We publish a wide variety of content for our readers. Keep reading us!