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Exchange rate: dollar fell to S/3.7790 today, Wednesday, March 1

Exchange rate: dollar fell to S/3.7790 today, Wednesday, March 1

The price of the dollar in the Peruvian market fell to its lowest level since June 2022.

He dollar price It continues its downward trend, and this time it closed on Wednesday, March 1, 2023 at S/3.7790, according to the Central Reserve Bank of Peru (BCRP).

Thus, the green currency reached its lowest level since June 27, 2022 (S/3.7750).

The exchange rate contracted 0.42% compared to the S/3.7950 registered on the last day of February in a context where currencies in Latin America are appreciating on positive industrial data in China and the weakening of the dollar in the United States, recalled Allison Pérez, Currency Trader at Renta4 SAB.

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During today’s exchange session, the offer came largely from non-residents, while the demand came from corporations. US$495 million were negotiated in the market at an average price of S/3.7733. The dollar reached a minimum price of S/3.7640 and a maximum of S/3.7850. Today there was no intervention by the BCR.

The exchange rate in the parallel market — specifically the Jirón de la Unión — is S/3.77 for purchase and S/3.80 for sale.

Source: Larepublica

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