The price of the dollar closes higher and is trading at S/3.7980 this Monday, March 13

The price of the dollar closes higher and is trading at S/3.7980 this Monday, March 13

He dollar price closed the day of this Monday, February 13, up and reached S/3.7980, which meant an advance of 0.42% compared to the close of Friday when it was placed at S/3.7820, according to the Bank of Peru Reserve (BCRP).

At 1.55 pm the green ticket in the parallel market It was listed at S/3,790 for the purchase and S/3,810 for the sale. Meanwhile, in the banking market the referential exchange rate reached S/3.7640 for the purchase and S/3.8280 for the sale at Banco de Crédito del Perú (BCP).

“During the day we have had a lot of demand flow from non-resident companies taking the currency to a maximum level of S/3,810 and US$298 million were traded in the market at an average price of S/3,803,” said Asvim Asencios, Renta4 SAB Currency Trader

In today’s session, the BCRP intervened by placing Sale Exchange Swap for S/ 300 million at 9 months at an average rate of 5.40%. For today there were maturities of Exchange Swap Sale for S/40 million.

Finally, Asencios added that internationally, the dollar fell on growing expectations that the Fed will be less aggressive with monetary policy to curb inflation, after SVB shares fell more than 81% on Friday.

At the close, the DXY was trading at 103.17.

Source: Larepublica

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