The exchange rate of the dollar closed the day of this Wednesday, August 9, at a drop and was located at S/3.6950, which represents a fall of 0.19% compared to the close of Tuesday, when the US currency had a value of S/3.702, according to official information from the Central Reserve Bank of Peru (BCRP).
In it parallel market, the dollar was located at S/3,680 for the purchase and S/3,705 for the sale. While the referential exchange rate in the banking market The purchase was S/3.649 and the sale was S/3.7360 at the Banco de Crédito del Perú (BCP).
The change in the US currency occurs after the Chinese consumer price index (CPI), the main indicator of inflation in the Asian country, was released, which entered negative territory by registering a 0.3% year-on-year drop in July , reflecting a contraction not seen since February 2021.
At the local level, the BCP cut its growth forecast for the Peruvian economy in 2023 from 1.7% to 1.1% for 2023. This downward adjustment is due to the effects that the El Niño Phenomenon could cause in the last quarter of the year. Meanwhile, the estimate for 2024 remains at 2.7%.
Source: Larepublica
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