The price of the dollar closed the week up and was placed at S/3.6860 this Friday, August 11, 2023. This is 0.57% more than the S/3.6650 registered at the close of the day before, according to the Central Reserve Bank of Peru (BCRP).
At 2.05 pm the green ticket in the parallel market It was listed at S/3,665 for the purchase and S/3,690 for the sale. For its part, the referential exchange rate in the banking market The purchase arrived at S/3.6520 and the sale at Banco de Crédito del Perú (BCP).
During the day, the dollar had a bullish behavior due to local corporate demand. The exchange rate reached a minimum level of S/3.6670 and reached a maximum level of S/3.690, said Fabiola Gutierrez, Currency Trader at Renta4 SAB.
In addition, Gutiérrez added that US$140 million was traded in the market at an average price of S/3.6838. “The BCRP intervened by placing an exchange swap sale for S / 300 million at an average rate of 5.18%,” he said.
Today the producer price index (IPP) for July was published, resulting in 0.3%, higher than the 0.2% forecast. Likewise, the consumer expectations of the University of Michigan for the month of August were known, being 67.3, lower than the 68.1 expected by the market.
At the local level, yesterday the BCRP Monetary Program was published through which it was reported that the reference interest rate would be maintained at 7.75%, however, they mentioned that they leave open the possibility of future cuts.
Source: Larepublica
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