Free Trial
PIPELINE

Corporate Issuance Over $60B/Wk

US

FED Reverse Repo Operation

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Communities Agree Truce With MMG, BCRP To Hold Press Conference

PERU
  • Peru’s central bank will hold a press conference after announcing its decision to hike rates by 50bp at yesterday’s meeting, in line with all surveyed analysts.
  • Indigenous communities in Peru will lift protests that halted operations at the Bambas copper mine for the past seven weeks, as part of a 30-day truce agreed with Chinese owner MMG Ltd.
    • In government-mediated talks Thursday, the two sides agreed to an arrangement whereby communities will cease protests in exchange for the company not starting development work on a new open pit, the Ministry of Energy and Mines said in Twitter post.
  • Separately, Peru’s agricultural minister Andres Alencastre will speak about government initiatives to face fertilizer shortage at a congress committee.
114 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Peru’s central bank will hold a press conference after announcing its decision to hike rates by 50bp at yesterday’s meeting, in line with all surveyed analysts.
  • Indigenous communities in Peru will lift protests that halted operations at the Bambas copper mine for the past seven weeks, as part of a 30-day truce agreed with Chinese owner MMG Ltd.
    • In government-mediated talks Thursday, the two sides agreed to an arrangement whereby communities will cease protests in exchange for the company not starting development work on a new open pit, the Ministry of Energy and Mines said in Twitter post.
  • Separately, Peru’s agricultural minister Andres Alencastre will speak about government initiatives to face fertilizer shortage at a congress committee.