BCRP intervened with US $ 270 million to reduce upward pressure on the dollar

The dollar closed the day on Tuesday, November 2 at S / 4.0090, amid various economic, political and social factors. According to the Central Reserve Bank of Peru (BCRP), the local financial markets showed high volatility in the session, with the exchange rate closing higher above S / 4.00 after three weeks below that level.

It is in this context that the issuing entity intervened in the exchange market. It directly sold US $ 270 million and placed exchange swaps for sale for S / 1,099.9 million (equivalent to US $ 274 million).

With this, the upward pressure on the dollar was reduced, which closed at S / 4.007. Said price implied an increase of 0.4% compared to the price of Friday, October 29 (S / 3.9920).

To date, so far this year, the BCRP It has sold US $ 10,292 million in the spot market, and has placed net exchange swaps for sale and CDR BCRP for US $ 5,637 million, bringing the exchange rate intervention to US $ 15,929 million.

As it is recalled, on October 6, President Pedro Castillo took the oath of the President of the Council of Ministers, Mirtha Vasquez, and some other portfolios that left the cabinet.

After that, the greenback fell progressively until it reached its lowest peak on October 12, in almost three months of government, when it stood at S / 3.9200.

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