Dollar closes lower this Thursday, September 28, but remains above S/3.80

Dollar closes lower this Thursday, September 28, but remains above S/3.80

The price of dollar It closed lower on Thursday, September 28, and stood at S/3.8020, which means a drop of 0.29% compared to Wednesday’s close when it reached S/3.8130, according to the Central Bank. Reserve Bank of Peru (BCRP). So far this year, the currency has accumulated a variation of -0.13%.

At 1.50 pm The greenback in the parallel market was quoted at S/3.79 for purchase and S/ 3.81 for sale.. While in the banking market the purchase reached S/3.7580 and the sale reached S/3.8440 at the windows of the Banco de Crédito del Perú (BCP).

It is worth remembering that the price last Wednesday was the highest in the last 6 months. Specialists consulted by this medium report that the currency will continue this trend and close the year at S/3.90.

According to Asvim Asencios, a trader at Divisas de Renta4 SAB, during the day there was demand from the off shore market, taking the dollar to a maximum price of S/3.8120. While the offer came from corporations, and they took the dollar to a minimum level of S/3.7990. US$477 million were traded in the market at an average price of S/3.8049.

At a global level the dollar fell, after being at maximum levels for 10 months. The currency has rebounded on expectations that the US economy will resist higher rates better than others, after the Federal Reserve (FED) warned last week that it could continue to raise interest rates for a longer periodAsencios explained.

The euro rose 0.51%, but remains at minimum levels never seen since January of this year. Data on Thursday showed that the US economy maintained a fairly strong pace of growth in the second quarter, with an annualized rate of 2.1%.

Source: Larepublica

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