The dollar price The day of this Wednesday, December 7, 2022, began with a slight drop and stood at S/ 3.8345according to Bloomberg. Thus, it fell -0.07% compared to Tuesday’s close when it reached S/ 3.8370, according to the report of the Central Reserve Bank of Peru (BCRP).
At 9.40 am the US currency in the parallel market It was quoted at S/ 3.81 for the purchase and S/ 3.85 for the sale. While in the banking market the referential exchange rate was S/ 3,740 for purchases and S/ 3,925 for sales at the windows of Banco de Crédito del Perú (BCP).
So far this year the currency has a variation of -3.86%.
In the political context, this Wednesday, December 6 from 3:00 pm in the Congress of the Republic, the third presidential vacancy attempt against Pedro Castillo will be debated. According to an estimate by La República, so far, the opposition would only have 78 votes in favor of the presidential vacancy, 43 congressmen would vote against this initiative and 7 have not defined their support.
The dollar has fallen in recent weeks on expectations that the Federal Reserve (Fed) could soon halt its interest rate hikes, and with the euro rising on signs that Europe’s economic downturn may be less bad than previously feared.
Nevertheless, Upbeat U.S. jobs, services and manufacturing data have questioned the idea of a Fed slowdown in recent dayswhich complicates the prospects for the dollar.
Against a basket of currencies, the dollar index was down 0.15% at 105.39 on Wednesday, but remained around 10% higher on the year.
With information from Reuters.
Source: Larepublica
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