The price of the dollar closes downward and is listed at S/3.7880 this Thursday, March 16

The price of the dollar closes downward and is listed at S/3.7880 this Thursday, March 16

He dollar price closed the day of this Thursday, March 16, 2023, and was placed at S/3.7880, which meant a decline of 0.50% compared to the close of the day before when it was listed at S/3.8070, according to the Central Reserve Bank of Peru (BCRP).

At 1.50 pm the exchange rate in the parallel market It was located at S/3,780 for the purchase and S/3,810 for the sale. While the referential price in the banking market It stood at S/ 3.7570 for the purchase and S/3.8160 for the sale at the Banco de Crédito del Perú(BCP).

“During the day we have had a flow of offers from the corporate side, bringing the dollar to a minimum level of S/3.784 and US$677 million were traded in the market at an average price of S/3.7985,” said Asvim Asencios, Trader of Renta4 SAB.

In addition, Asencios added that at the international level, the dollar was cutting positions and the euro was rising, after the ECB raised its reference rate by 50 bps in line with expectations. Despite the chaos in the markets after the bankruptcy of Silicon Valley Bank in the United States, the Fed is also expected to raise its interest rate.

Source: Larepublica

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