The dollar closed higher on the day of Friday, January 13, 2023 and was located at S / 3.8140. Thus, presented an advance of 0.71% compared to the close of Wednesday and Thursday, when it was listed at S/3.7970, as reported by the Central Reserve Bank of Peru (BCRP).
Likewise, the North American currency in the parallel market was trading at S/3.780 for the purchase and S/3.8100 for the sale. For its part, in the banking market it was bought at S/3.7810 and sold at S/3.8430 at the windows of the Credit Bank of Peru.
international situation
During the first days of 2023, the dollar had a downward trend, trading, even at the close of the first week of this year, at S/3.7940. Along these lines, this second week has also maintained a downward trend.
“Until Thursday, the dollar remained at an average of S/3.7900, given that the economic data of the United States was pending, which in the end showed a reduction in general inflation, thus reinforcing expectations that the Federal Reserve will be less aggressive with the next rate hikes, and even that there will be a first cut in the second half of the year”, he indicated to this medium Gianina Villavicencio, manager of Foreign Exchange Brokerage for Rent 4 SAB.
According to the BCRP, the dollar closed at S/3.8140. Photo: AFP
In addition, he reiterated that the dollar is projected to fall a few points next week, driven by the offer of local corporations for payment of taxes.
However, the sol fell more than the dollar in recent days, despite the fact that the BCRP raised its rate by 25 basis points to 7.75%.
It should be noted that this occurred after the inflation rate in Peru increased from 8.45% in November 2022 to 8.46% in December, due to the rise in food prices.
impact to come
The protests and demonstrations that are taking place in various regions of the country against the Government of Dina Boluarte have also affected the Peruvian currency and the approval of the minimum pension.
This could generate a drop in the funds of the AFPs and possible exits, warned the specialist.
Source: Larepublica
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