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Dollar closes higher and stands at S/3.5730 this Tuesday, July 18

Dollar closes higher and stands at S/3.5730 this Tuesday, July 18

He dollar price closed up, after several days with a downward trend, this Tuesday, July 18, 2023 and was placed at S/3.5730, which meant an advance of 0.37% compared to Monday’s close, which was S/3.5590, according to the Central Reserve Bank of Peru (BCRP).

At 2.00 pm the green ticket in the parallel market It was quoted at S/3.55 for the purchase and S/3.58 for the sale. While the referential exchange rate in the banking market was located at S/3.5350 for the purchase and S/3.6050 for the sale at the Banco de Crédito del Perú (BCP).

At the local level, according to Allisson Pérez, Renta4 SAB Foreign Exchange trader, the dollar began the day with a downward trend due to offers from corporations and companies, reaching a minimum level of S/3.5450. However, at the end of the day the currency appreciated due to the demand of non-residents, reaching a maximum level of S/3.5720. US$398 million was negotiated in the market at an average price of S/3.5514.

Internationally, the Dollar Index closed at 99.96 below 100, after negative data was released in the United States, due to the poor result of underlying retail sales and monthly retail sales. Added to this is the continued fear among investors, who hope that the Federal Reserve (FED) will not raise interest rates again.

Source: Larepublica

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