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Price of the dollar closed slightly higher and reached S/ 3.8880 this Monday, September 5

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The price of the dollar closed with a slight rise on Monday, September 5, and stood at S/ 3.8880. Thus, it advanced 0.13% compared to the close of Friday when it reached S/ 3.8830, according to the Central Reserve Bank of Peru (BCRP).

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For its part, at 1:50 p.m. in the parallel market, the greenback was trading at S/ 3,860 for purchase and S/ 3,890 for sale. Meanwhile, in the banking market it was bought at S/ 3,808 and sold at S/ 3,988 at the Banco de Credito del Peru window.

During the day there was little flow, due to the holiday in the US, since they celebrate Labor Day. For this reason, only US$ 76 million were traded in the market at an average price of S/ 3.8830, said Allisson Pérez, Foreign Exchange trader at Renta4 SAB.

Today there were also no maturities of financial instruments or BCRP intervention.

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“Globally, there is a possible threat of a recession in Europe, due to the current gas crisis. This causes the EUR/USD to trade below the dollar, further strengthening said currency,” Pérez added.

Source: Larepublica

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