The exchange rate of the dollar closed lower this Wednesday, May 17, and stood at S/3.6970, according to the official dashboard of the Central Reserve Bank (BCRP).
The day before, the North American currency had culminated above S/3.6990, and then de-escalated to S/3.6925 at the opening of this Wednesday. In this way, the dollar registers a depreciation of 0.05% with respect to the close of Tuesday.
During the day, the demand came from offshores, while the offer came from corporations and BCRP intervention, placing Swaps Exchange Sale for S/ 500 million soles at an average rate of 5.54%.
US$391 million were negotiated in the market at an average price of S/3.6954. During the day, the dollar reached a minimum price of S/3.6900 and a maximum price of S/3.6990.
Allisson Pérez, Foreign Exchange trader at Renta4 SAB, specified that on Wednesday the 17th there were maturities of Sale Exchange Swaps for S/250 million. For their part, the Latam currencies closed mixed and the Dollar Index (DXY) trading at 102.83.
“At a global level, negative data was released in the US, on IEA crude oil inventories and construction permits. On the other hand, the price of copper falls by 10%, which makes the dollar recover slightly,” Pérez said.
Source: Larepublica
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