Domestic exporters began the year with good news for the recovery of the U.S. economy , its main buyer is confirmed, and the dollar was off the floor of the band .
Changes in the dollar expand. The increase in the price of foreign exchange benefits both because their incomes rise like because they make it for foreign competitiveness of local products are cheaper .
” This is great news , the recovery of the U.S. market and the projected growth of 5 % expected for this year,” said Monica Segnini , president of the Chamber of Exporters .
Segnini not expect the price of the currency is triggered , but want to stay above the floor of the ¢ 500. He added that both news will enable them to improve employment.
Exporters of goods and services generate 553,000 direct jobs , a third of the national private employment.
Rebeca Gonzalez , general manager of Food Kamuk , exporter , said that while both are good news , they are not healthy abrupt changes in the dollar , as of Wednesday , because that can lead to not make good decisions .
Will it hold? According to the Central Bank said yesterday in a statement, the increase in the price of the currency responds to several factors. One is the decrease in the net supply of foreign currency (dollar sales less purchases) note that since late last year.
Other, lower sales of dollars by the Central Government, while demand from the rest of the public sector remains.
Added to this is that last Wednesday the Federal Reserve Bank of the United States announced a second reduction in monetary stimulus program, just before the recovery showing that economy.
Economist Norberto Zuniga said the situation and the uncertainty of the electoral process could also have influence. La nacion
La Nacion
