He dollar price The exchange session on Wednesday, March 8, 2023, began downwards and stood at S/3.7916, according to Bloomberg. Which means a setback of 0.17% compared to the S/3.7980 reported at the close of the day before by the Central Reserve Bank of Peru (BCRP). In the year, the currency accumulates a decline of 0.24%.
At 9.50 am the US currency in the parallel market It was listed at S/3,780 for the purchase and S/3,805 for the sale. While the reference exchange rate in the exchange market the purchase was S/3,695 and the sale was S/ 3,898 at the windows of Banco de Crédito del Perú (BCP).
The dollar hit multi-month highs against most major currencies on Wednesday after Federal Reserve Chairman Jerome Powell warned that US interest rates may need to rise even faster and higher than expected to curb stubborn inflation.
Higher rates benefit the dollar as their performance improves and as traders seek safety as global stock markets tumble.
The index of the dollar The US dollar rose as much as 0.2% to a more than three-month high of 105.88, after rising 1.3% on Tuesday, its biggest daily rise since September 23, 2022. Sterling rose marginally to US$1.1837, after touching its lowest level since late November at US$1.1811.
With information from Reuters.
Source: Larepublica
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