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Exchange rate: dollar begins to drop at S/3.77 this Tuesday, March 21

Exchange rate: dollar begins to drop at S/3.77 this Tuesday, March 21

The exchange rate of the dollar It began in Peru downwards this Tuesday, March 21, and was located around S/3.7700, according to the Bloomberg currency listing portal.

In the previous day, the US currency began the day at S/3.7850 and then progressed to S/3.7790 that marked the official board of the Central Reserve Bank (BCRP).

This occurs while the Ministry of Economy and Finance (MEF) is studying the possibility of subsidizing interest rates on mortgage loans in favor of families living in ravines or areas at risk of landslides.

At the international level, the shares of the punished American bank First Republic soared more than 23% this morning, during electronic operations prior to the opening of Wall Street, after several days of deep falls as a result of the storm that has raged over American and European banking.

In addition, UBS bought Credit Suisse for $3.25 billion to avoid the banking crisis. Switzerland’s main bank has agreed to buy its rival as part of an emergency bailout to ensure financial stability and protect the European country’s economy.

As for commodities, three-month copper on the London Metal Exchange (LME) gained 1.6% to US$8,833.50 a ton, after falling into the red at the beginning of the session, according to a report Reuters.

Finally, the WTI price opened this Tuesday with a rise of 1.86%, up to US$68.9 a barrel, continuing with the sign change of yesterday, when it recovered the green path for the first time after losing 13% of its value last week, and coinciding with a respite from the bank.

Source: Larepublica

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