The price of the dollar closes higher and is trading at S/3.7740 this Friday, March 24

The price of the dollar closes higher and is trading at S/3.7740 this Friday, March 24

He dollar price closed the day of this Friday, March 24, 2023, and was placed at S/3.7740, according to el Central Reserve Bank of Peru (BCRP). This meant an advance of 0.13% compared to Thursday’s close when it traded at S/3.7690, one of its lowest levels since June 2022.

At 14.15 pm the green ticket in the parallel market It was offered at S/3,776 for the purchase and S/3,790 for the sale. While in the referential exchange rate in the banking market it reached S/3.68200 for the purchase and S/3.86400 for the sale in the Credit Bank of Peru.

Likewise, according to the report by Gianina Villavicencio, manager of Foreign Exchange Brokerage at Renta4 SAB, during this day there was a little upward pressure driven by the demand of non-residents. In addition, a currency repo was registered—operation where an entity sells an asset in exchange for a sum of money with the agreement to purchase it later—for S/200 million. Thus, US$ 245 million were negotiated in the market at an average price of S/3.7707.

For his part, he BCRP reported that its estimate of economic growth for 2023 dropped from 2.9% to 2.6%. This is the product of the social conflicts registered in the first months of the year and the Yaku cyclone, which brought heavy rains throughout the country.

Source: Larepublica

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