The exchange rate of the dollar It started slightly upward at S/3.6294 this Tuesday, July 4, according to Bloomberg’s international currency listing portal.
The day before, the US currency had started its run above S/3.6200 and then progressed to the official S/3.6350 set by the Central Reserve Bank (BCRP).
This occurs while the Superintendency of Banking, Insurance and AFP (SBS) reports that the interest rate paid by financial institutions to savers for keeping their money in term deposits can reach 9.25% per year.
On the other hand, in the last 3 months the price of chicken in the retail markets of metropolitan Lima reached peaks of more than S/13 per kilogram, mainly in April.
On its Independence Day, the dollar index (dxy), which measures the strength of the US currency against a basket made up of six developed countries, fell 0.04% to 102.94 units.
Benchmark copper on the London Metal Exchange (LME) was down 0.5% at $8,356 a metric ton as of 1006 GMT. Industrial metal prices hit a four-week low of $8,141 a tonne last week.
Finally, a barrel of West Texas Intermediate (WTI) oil, a reference for Peru, rose 1.71% on the morning of Tuesday the 4th, trading at US$70.98.
According to Reuters, markets were assessing supply cuts expected for August by major exporters Saudi Arabia and Russia, and weak global economic prospects.
Source: Larepublica
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