The price of dollar closed down the day of this Wednesday, June 7, 2023 and was located at S / 3.6635. Thus, presented a decline of 0.66% compared to Tuesday’s close, when it traded at S/3.6880as reported by Central Reserve Bank of Peru (BCRP). So far this year, the currency has registered a variation of 3.37%.
At 1:50 pm, the US currency in the parallel market was trading at S/3.65 for purchase and S/3.68 for sale. For its part, in the banking market it was bought at S/3,627 and sold at S/3,713 at the windows of Banco de Crédito del Perú (BCP).
According to Gianina Villavicencio, Foreign Exchange trader at Renta4 SAB, during the day the offer came from mining companies and local corporations, taking the dollarThere was a minimum level of S/3.6640. US$368 million were negotiated in the market at an average price of S/3.6704. Today, S/200 million expired in foreign exchange swaps for sale.
At a global level, the dollar loses positions due to the increase in risk tolerance among investors who bet that the Federal Reserve (FED) it will pause in June, but they discount more and more that in July it will raise its interest rates again, according to Villavicencio.
On the other hand, the ECB will foreseeably raise its interest rates on Thursday of next week and will also do so in July. The dollar index traded at 104.06 (-0.01%).
Source: Larepublica
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