The price of the dollar closes February downwards and falls to S/3.7950

The price of the dollar closes February downwards and falls to S/3.7950

The greenback fell -0.39% and reached its lowest level since the first half of January this year. US$399 million were negotiated in the market at an average price of S/3.8057

He dollar price It continued with its downward trend and closed the exchange session on Tuesday, February 28, 2023 at S/3.7950, its lowest level since January 12, when it was located at S/3.7870. Thus, it fell from -0.39% compared to Friday’s close when it reached S/3.8100, according to the Central Reserve Bank of Peru (BCRP).

At 2.00 pm the green ticket in parallel market S/3,780 for the purchase and S/3,820 for the sale. Meanwhile, in the banking marketthe referential exchange rate was S/3.7720 for the purchase and S/3.8220 for the sale at Banco de Crédito del Perú (BCP).

“During the day, the offer came from corporations to a large extent, while the demand came from non-residents. US$399 million was traded in the market at an average price of S/3.8057,” said Allisson Pérez, Foreign Exchange Trader at Rent4 SAT.

In addition, he added that during the day the dollar reached a minimum price of S/3.7950 and a maximum price of S/3.8120. The BCRP intervened with Sale Exchange Swaps for S/ 200 million.

Globally, there is negative data in the US regarding consumer confidence, which has pushed the dollar back globally. On the other hand, given the EU inflation figure, the markets expect the ECB to raise its interest rate in order to curb inflation, Pérez said.

Source: Larepublica

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