Price of the dollar closes higher and is trading at S/3.6940 this Monday, May 22

Price of the dollar closes higher and is trading at S/3.6940 this Monday, May 22

He dollar price closed The exchange session of this Monday, May 22, 2023, rose and was placed at S/3.6940. This meant a advance of 0.22% compared to Friday’s closewhen it was listed at S/3.6860, according to the Central Reserve Bank of Peru (BCRP).

At 1.45 pm the green ticket in ethe parallel market It was listed at S/3.675 for the purchase and S/3.70 for the sale. While the referential exchange rate in the banking market reached S/3.6590 for the purchase and S/3.7290 for the sale in the Credit Bank of Peru (BCP).

During the day, the demand came from the maturities of Foreign Exchange Swaps Sale for S/145 million, while the offer came from the corporate ones, reported Allisson Pérez, currency trader at Renta4 SAB. Also, in the market negotiated US$191 million for an average price of S/3.6907, achieving a minimum of S/3.6890 and a maximum of S/3.6940.

At a global level, the specialist indicated that the dollar continues to fall, since Jerome Powell, president of the Federal Reserve (FED), predicted that he will not continue raising the interest rate, at least at his next meeting, which is in June. For his part, Joe Biden, president of the United States, is negotiating with the leader of the House of Representatives, Kevin McCarthy, on the debt ceiling. In the event that they do not reach an agreement, the United States will incur the first payment suspension in its entire history.

Source: Larepublica

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