He dollar price It closed the day this Friday, October 6, 2023 higher and reached S/3.8280. This meant an advance of 0.14% compared to the S/3.8225 registered the day before. In addition, it is the highest level recorded since February 21 of this year when it reached S/3.8320, according to data from the Banco de Crédito del Perú (BCRP).
At 2.00 pm the greenback in the parallel market It was quoted at S/3,810 for the purchase and S/3,830 for the sale. While the reference exchange rate in the banking market was S/3.8040 for the purchase and S/3.8550 for the sale in the Banco de Crédito del Perú (BCP).
Latin American currencies were heading for their worst week in three years on Friday after a US payrolls report boosted expectations of Federal Reserve tightening, according to Reuters.
MSCI’s Latin American Currency Index fell 0.3% at 14.52 GMT, after the report showed US job growth exceeded estimates in September, prompting investors to increase bets for another Fed rate hike this year.
The data sent longer-dated US Treasury yields to 16-year highs as the sell-off, which had pressured risk-sensitive emerging market assets for much of the week, resumed.
The currency index is expected to post weekly declines of 3.7% as rate cuts by some Latin American central banks dent returns and weak commodity prices hit the resource-rich region.
Source: Larepublica
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