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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
PERU
- USDPEN has fallen 0.4% to 3.7615 on Tuesday and the Peruvian Sol is extending its recovery from the January lows where nationwide deadly protests weighed heavily on the local currency.
- Economy and Finance Minister Alex Contreras on Saturday affirmed that economic resources to attend to the heavy rains emergency will not be lacking. Within that framework, Contreras affirmed the Government's intention is to attend to all citizens affected by this situation registered in various Peruvian regions.
- Barclays noted there may be new upside risks to inflation due to the recent heavy rains, which may have affected food prices and therefore, they still believe the central bank will need to wait until July to start cutting rates.
- Speaking last week, the finance minister said that Peru’s economy is accelerating and recovering from crippling anti-government protests, stating that the economy could grow as fast as 4% for the month of April, compared to the same month a year earlier.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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