Dollar closes lower and is trading at S/3.70 this Monday, September 11

Dollar closes lower and is trading at S/3.70 this Monday, September 11

He dollar It closed the day of this Monday, September 11, lower and stood at S/3,700, which represented a drop of 0.43% compared to the close of Friday, when the US currency had a value of S/3,716, according to information. official of the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of -4.76%.

In the parallel market, The dollar was at S/3.68 for purchase and S/3.71 for sale. While the reference exchange rate in the banking market stood at S/3,599 for purchase and S/3,800 for sale at the windows of the Banco de Crédito del Perú (BCP).

According to Allisson Pérez, a trader at Divisas de Renta4 SAB, during the day the offer came from non-residents, which made the dollar reached a minimum price of S/3.6930, while demand came from corporate companies to a small extent, reaching a maximum price of S/3.7030. US$241 million was traded in the market at an average price of S/3.6984.

“Even though that him dollar has fallen a little compared to other currencies, the markets in the US are waiting for the inflation data that will be published this Wednesday, September 13, which they consider to be key data to know if the Federal Reserve ( FED) continues to raise the interest rate this year,” says Pérez.

On the other hand, the euro It appreciated slightly, since they are also waiting for the ECB monetary policy meeting that will be this Thursday, it is thought that it is possible that they continue raising the interest rate to 4%.

Source: Larepublica

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