Price of the dollar closes the week slightly downwards and trades at S/3.6860

Price of the dollar closes the week slightly downwards and trades at S/3.6860

ANDthe price of the dollar The exchange session of this Friday, May 19, 2023, closed slightly downwards and was placed at S/3.6860. This meant a slight decline of -0.32% compared to Thursday’s close, when it traded at S/3.6980, according to the Central Reserve Bank of Peru. (BCRP).So far this year, it presented an accumulated variation of -2.86%.

At 2.00 pm the green ticket in the parallel market It was listed at S/3,670 for the purchase and S/3,700 for the sale. While the referential exchange rate in the banking market It reached S/3,650 for the purchase and S/3,724 for the sale at the Banco de Crédito del Perú (BCP).

During the day, the dollar had a mixed behavior, according to Fabiola Gutierrez, currency trader at Renta4 SAB. Thus, the supply came from local corporations, bringing the American currency to a minimum level of S/3.6840 and the demand from non-resident companies, bringing the dollar to a maximum level of S/3.6960.

At the international level, the president of the Federal Reserve (FED), Jerome Powell, mentioned a possible pause in the restrictive monetary policy that has been carried out with the progressive increase in interest rates. This is because the transmission mechanism usually has a delayed effect. Likewise, he emphasized the commitment of the US central bank to combat and lower inflation to the 2% target, the basis for a stable economy.

Source: Larepublica

You may also like

Immediate Access Pro