The dollar exchange rate closed down this Wednesday, May 10, and was around S/3.6710, according to the official marker of the Central Reserve Bank (BCRP).}
In this way, the North American currency weakens against the Peruvian sol by 0.6% compared to the day before, the date on which its career over S / 3.6930 ended. In addition, it reaches its lowest level since May 26, 2022, when it reached S/3.6590.
Asvim Asencios, Renta4 SAB currency trader, explained that the offer came from corporations, bringing the dollar to a minimum level of S/3,661.
“US$415 million were negotiated in the market at an average price of S/3.67. They bring the dollar to the minimum level of the year, with S/3.66 as a support price. There was no intervention from the BCRP,” Asencios said.
The dollar globally fell against other currencies, after knowing that the US inflation data at 4.9% slowed down more than expected by investors.
With this, higher expectations are also generated for the FED to pause the interest rate hike, although core inflation still remains well above expectations at 5.5%. The DXY was trading at market close at 1,012.
Source: Larepublica
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