The price of the dollar closed higher and stood at S / 4.0780 at the end of operations on Friday, December 3. The greenback started the day at S / 4.0690, as reported by the Central Reserve Bank of Peru (BCRP).
In this way, the currency increased its value by 0.17% compared to the close of last Thursday, December 2, when it stood at S / 4.0710. The purchase in the parallel market was located at S / 4.07 and the sale at S / 4.10. As for the price of the dollar in the main windows of the country, it stands at the purchase of S / 4,082 and the sale of S / 4,109, according to Bloomberg.
During the day, the entity issuer went on the market to sell US $ 160 million at an average exchange rate of S / 4.0770 per dollar to mitigate the volatility of the currency. In addition, it placed exchange swaps for S / 880 million and interest rate swaps for S / 50 million.
This occurs after MMG Limited, majority member of the consortium that owns The Bambas, reported that copper production in the deposit could stop in mid-December due to the lack of inputs for the exploitation of the mineral, after the neighboring communities of Chumbivilcas resumed the blockade of roads. Already in September he had issued a similar warning.
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