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Dollar closes down and is quoted at S/3,771 this Wednesday, March 22

Dollar closes down and is quoted at S/3,771 this Wednesday, March 22

At the close of the exchange session on Wednesday, March 22, the dollar fell slightly and stood at S/3.771, which represents a decline of 0.10% compared to the day before when it stood at S/3.7750. , as reported by the Central Reserve Bank of Peru (BCRP).

In the exchange houses or parallel market, the US currency was quoted at S/3.75 for the purchase and S/3.78 for the sale. While the referential exchange rate in the banks of Peru It stood at S/3,726 for the purchase and S/3,813 for the sale.

The decline in the dollar was boosted by the supply of non-residents, which caused the greenback to reach a minimum level of S/3,765. During the day of this Wednesday, March 22, US$476 million were negotiated at an average price of S/3.7704, explained Gianna Villavicencio, Foreign Exchange brokerage manager at Renta4 SAB.

“There were maturities of Exchange Swaps Sale for S/400 million, renewing S/200 million at 6 months with an average rate of 5.54%,” the expert pointed out.

At the international level, the United States Federal Reserve (FED) agreed to raise the reference interest rates by 25 basis points at its monetary policy meeting, placing it in a range of 4.75% and 5.00%, a measure that it would reflect a change in the restrictive strategy after the US banking crisis.

Source: Larepublica

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