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Dollar closes the day down and is trading at S / 3.8320, today Monday, August 29

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The price of the dollar closed down on Monday, August 29, and stood at S/ 3.8320. In this way, it fell 0.23% compared to the close of Friday when it scored S / 3.8410, as reported by the Central Reserve Bank of Peru (BCRP).

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At 2:10 p.m., the greenback on the parallel market was trading at S/ 3.83 for purchase and S/ 3.87 for sale.. For its part, in the banking market it was bought at S/ 3.7505 and sold at S/ 3.9305 at the Banco de Credito del Peru windows.

According to Gianina Villavicencio, manager of Foreign Exchange Brokerage at Renta 4 SAB Peru, during the day there was downward pressure due to corporate offers. US$ 199 million were traded on the market at an average price of S/ 3.8338.

Today there were expirations of Exchange Rate Swaps for S/200,000 million which were not renewed.

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“Globally, the dollar gains positions after the president of the Federal Reserve [de Estados Unidos] indicated that interest rates will remain high for longer to reduce inflation, slowing down is rising due to the strength of the euro, which was supported by growing expectations of rate hikes from the European Central Bank,” explained Villavicencio.

Source: Larepublica

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