The price of the dollar begins to fall and is listed at S/3.7653 this Monday, March 27

The price of the dollar begins to fall and is listed at S/3.7653 this Monday, March 27

He dollar price The exchange session on Monday, March 27, 2023, began downwards and fell to S/3.7653, according to Bloomberg. This meant a drop of -0.23% compared to Friday’s close when it reached S/3.7740, according to the Central Reserve Bank of Peru (BCRP).

At 9:30 am, the US currency in the parallel market was trading at S/3.7500 for purchase and S/3.7800 for sale. While the referential exchange rate in the banking market reached S/3.7430 for the purchase and S/3.7940 for the sale at the Banco de Crédito del Perú (BCRP).

On Friday, the BCRP reported that its estimate of economic growth for 2023 fell 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.

On the global stage, world stock markets plummeted last Friday due to the sale of bank shares due to concerns about the health of the financial system. The flight from risk propped up the dollar and put pressure on bond yields. According to Reuters, the market was affected by the liquidation of Deutsche Bank shares.

Source: Larepublica

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