The dollar price closed on the day of this Monday, January 23, 2023 and was located at S/3.8860. Thus, presented a slight advance of 0.70% compared to Friday’s close, when it traded at S/ 3.8590, as reported by the Central Reserve Bank of Peru (BCRP). It should be noted that this is one of the highest prices since November of last year.
At 1.30 pm the US currency in the parallel market It was listed at S/3,840 for the purchase and S/3,880 for the sale. For his part, in the banking market It was bought at S/3.7830 and sold at S/3.9650 at the windows of the Credit Bank of Peru.
On the other hand, according to Reuters, copper prices rose this day, approaching the seven-month highs recorded last week. This after the improvement in the prospects for demand in China, the main world consumer, low inventories and the weakness of the dollar. However, traders noted that activity was subdued due to the Chinese Lunar New Year holiday.
In that line, the dollar se held near nine-month lows against the euro after a large number of officials from the Federal Reserve (FED) will present the case for a downward shift in the US central bank’s rate-tightening campaign. This came as concerns about a possible economic downturn weighed on stocks, Bloomberg reported.
Source: Larepublica
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