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Thursday, September 29, 2022

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Price of the dollar falls to S / 3.8840 at the close of this Thursday, September 22

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The price of the dollar closed down on Thursday, September 22, and stood at S/ 3.8840. Thus, the US currency fell 0.66% in relation to the closing of the day before when it reached S / 3.9100according to the Central Reserve Bank of Peru.

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At 1:50 p.m. the green ticket in the parallel market was trading at S/ 3.87 for purchase and S/ 3.90 for sale. While, the banking dollar was sold at S/ 3.80800 and bought at S/ 3.98800 at the windows of the Banco de Credito del Peru.

Today’s session began with the opening of the market at S/ 3.9200, the demand was offshore and we had offers from banks and AFPs. We had no intervention from the Central Bank and US$242 million were traded in the market at an average price of S/ 3.9074, commented Alexander Javier Bernaola, Foreign Exchange Trader at Renta4 SAB

Along the same lines, Bernaola added that the Federal Reserve will raise interest rates to as much as 4.6% in 2023 before the central bank stops its fight against runaway inflation, according to its median forecast published on Wednesday. He also added that the Swiss National Bank raised its benchmark interest rate to 0.5% on Thursday, a change that ends an era of negative rates in Europe.

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Source: Larepublica

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