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The price of the dollar reaches a new low for the year and closes at S/3.66 this Friday, May 12

The price of the dollar reaches a new low for the year and closes at S/3.66 this Friday, May 12

He dollar price continues its free fall in front of the sun and This Friday closed the week downward and stood at S/3.66. This meant a decline of -0.07% compared to Thursday’s close when it stood at S/3.6625, according to the Central Reserve Bank of Peru (BCRP).

In it parallel market the green ticket was quoted at S/3,640 for the purchase and S/3,670 for the sale. While the referential exchange rate in the banking market the purchase was S/3.6280 and the sale at the Banco de Crédito del Perú (BCP).

Today the dollar had a mixed behavior, the offer on the corporate side taking the dollar to a minimum level of S/3,642 and the demand by non-resident companies taking the dollar to a maximum level of S/3,661″, said Asvim Asencios, Renta4 SAB Currency Trader, added that US$240 million were negotiated in the market at an average price of S/3.6516.

The BCRP intervened by placing an exchange swap sale for S/ 400 million. Likewise, there were maturities of exchange swap sales for S/ 500 million.

Globally, the dollar rose against other currencies, as uncertainties continue about the US debt ceiling and monetary policy that generated the search for safer assets. The Central Bank of England raised rates 25 bps to 4.5% yesterday and this Friday the data showed that the British country’s economy grew by 0.1% in the first quarter.

At market close the DXY was trading at 102.5.

Source: Larepublica

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