The US currency climbed 0.68% compared to what was registered the day before.
The exchange rate rose 0.68% this Wednesday, February 8, compared to Tuesday’s close, now moving from S/3.8450 to S/3.8710, according to the BCRP.
In the parallel market, the purchase of the dollar is at S/3.83 and the sale is at S/3.87.
During the day, the demand came from non-residents, with the dollar reaching a maximum level of S/3.8700, explains Gianina Villavicencio, manager of foreign exchange brokerage at Renta4 SAB. In total, US$364 million were negotiated at an average price of S/3.8570.
Globally, the green currency is trading higher after Fed Chairman Jerome Powell warned yesterday that interest rates would have to rise more than expected if the US economy remained strong.reiterating that the “disinflation” process is just starting.
On the other hand, the vice president of the European Central Bank, Luis de Guindos, indicated that interest rates will rise further, causing the euro to begin to appreciate a few points.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
