The price of the dollar closes downward and trades at S/3.7870 this Tuesday, March 14

The price of the dollar closes downward and trades at S/3.7870 this Tuesday, March 14

He dollar price closed the trading session of this Tuesday, March 14, and was listed at S/3.7870. This represented a decline of 0.29% compared to Monday’s close when it was placed at S/3.7980, according to the Reserve Bank of Peru (BCRP).

At 1.40 pm the North American currency in the parallel market It was listed at S/3,777 for the purchase and S/3,800 for the sale. Meanwhile, in the banking market the referential exchange rate reached S/3,693 for the purchase and S/3,876 for the sale at Banco de Crédito del Perú (BCP).

Also, during the day there was quite a flow of demand from non-resident companies, taking the dollar to a maximum level of S/3,795. US$554 million were negotiated in the market at an average price of S/3.7848. For its part, the BCRP intervened by placing Sale Exchange Swap for S/ 200 million at 9 months at an average rate of 5.46%m reported Asvim Asencios, Renta4 SAB currency trader.

Internationally, this Tuesday, the data of the Consumer Price Index (CPI) from United States. This pushed the dollar higher, while investors are waiting on whether the Federal Reserve (FED) will raise rates by 25 basis points the following week.

Source: Larepublica

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