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Exchange rate: dollar closes down at S/3.7790 this Monday, March 20

Exchange rate: dollar closes down at S/3.7790 this Monday, March 20

The exchange rate of the dollar it closed lower this Monday, March 20, and was located around S/3.7790, according to the Central Reserve Bank (BCRP).

In the previous day, last Friday, the US currency ended at S/3.7930, and progressed to S/3.7850 in the early hours of this Monday. With this, the dollar fell 0.37% compared to the close of the previous week.

During the date, the offer came from local corporations mainly for payment of taxes, with the dollar reaching a minimum level of S/3.7720. US$ 249 million were negotiated in the market at an average price of S/3.7780.

Gianina Villavicencio, manager of Foreign Exchange Brokerage at Renta4 SAB, specified that, globally, the greenback loses positions at the close of the market, given that investors reacted nervously to the acquisition of Credit Suisse at a reduced price by its rival usbs.

As recalled, UBS agreed to buy it on Sunday for 3 billion Swiss francs ($3.23 billion) and take up to $5.4 billion in losses, in a lightning merger engineered by Swiss authorities. The DXY closing at 102.93 (down 0.41%).

Meanwhile, in the local market, the global currency is offered at S/3,776 for purchase and S/3,791 for sale. For their part, exchange houses and ordinary money changers offer the wedge at S/3.77 for purchase and S/3.80 for sale.

Source: Larepublica

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