Exchange rate: dollar closes stable at S/3.5590 this Monday, July 17

Exchange rate: dollar closes stable at S/3.5590 this Monday, July 17

The exchange rate of the dollar it remained immobile at S/3.5590 at the end of the day on Monday, July 17, reported the Central Reserve Bank (BCRP).

At the beginning of the day, the demand came from companies, which the dollar reached a maximum price of S/3.5660. Then, from mid-morning until market close, the offer came from corporations and BCRP intervention with Public Treasury Bonds (BTP) for up to S/50 million.

“In this way, the dollar manages to have a minimum level of S/3.5520. It is worth mentioning that, since October 2020, we have not seen these minimum levels of the dollar,” said Allisson PĂ©rez, Foreign Exchange trader at Renta4 SAB.

A total of US$136 million was also negotiated at an average price of S/3.5607 in the local market. At press time, currencies in the region were mixed.

Globally, the greenback appreciates slightly due to negative data in China. Despite the fact that the Asian giant’s economy grew between April and June, its annual GDP closed worse than expected, since a result of 7.3% was expected and 6.3% was obtained.

Source: Larepublica

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