Price of the dollar closes downward and trades at S/3.8330 this Thursday, February 2

Price of the dollar closes downward and trades at S/3.8330 this Thursday, February 2

The greenback fell 0.52% compared to Wednesday’s close. At the international level, the FED indicated that it will continue to raise its interest rates throughout this year.

He dollar price closed down the day of this Thursday, February 2, 2023 and was located at S / 3.8330. In this way, he presented a 0.52% retracement compared to the close of Wednesday, when it traded at S/3.8530, as reported by the Central Reserve Bank of Peru (BCRP).

At 1:50 pm, the North American currency in the parallel market was trading at S/3.7310 for the purchase and S/3.85 for the sale. For its part, in the banking market it was bought at S/3.761 and sold at S/3.9330 at the windows of the Banco de Crédito del Perú (BCP).

During the day, the offer came from non-residents. Likewise, US$482 million was negotiated in the market at an average price of S/3.8295. The dollar obtained a minimum price of S/3.8120 and a maximum price of S/3.8390, reported Allisson Pérez, currency trader at Renta4 SAB

On the other hand, the Federal Reserve raised the interest rate by 25 basis points from 4.5% to 4.75%. In addition, they indicated that this year an interest rate cut is not being considered, but that it is more likely that it will continue to rise. Consequently, the markets are not satisfied with the comments of Jerome Powell, president of the FED, since they expect that at the end of this year, interest rates will be cut, added the specialist.

Source: Larepublica

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