The exchange rate of the dollar closed the week down and stood at S/ 3.8390, according to the Central Reserve Bank of Peru (BCRP).
With this, the Peruvian sol strengthens 0.16% compared to the previous close of the greenback, after the day ended at around S/ 3.8450 the day before. In addition, the dollar accumulates a negative variation of 3.81% in the annual accumulated, after concluding 2021 at S/ 3,991.
During the morning, the issuing entity negotiated US$ 222 million at an average price of S/ 3,848, according to the manager of Foreign Exchange Brokerage at Renta4 SAB, Gianina Villavicencio.
“During the day, the demand came from the offshore market and the supply from local banks, with the dollar reaching a minimum level of S/ 3.8360,” explained the specialist.
This occurs after the BCRP reduced the projection of national economic growth for this year and the next, now placing it at 2.9%. It is worth noting that in September they estimated that we will close 2022 and next year with a rate of 3.0%.
“We have reduced (the GDP estimates) due to two factors: the same growth observed in October and the marginal effect that these protests (which demand the closure of Congress and new elections) are having,” commented the president of the BCRP, Julio Velarde, in the presentation of the last Inflation Report.
Source: Larepublica
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