The exchange rate started down on the day of Tuesday, October 12 and is located at S / 4,0702 at 09:14 am on the website of Bloomberg, representing a decline of 0.07% compared to the close of last Monday, when it stood at S / 4.0730, according to the report of the Central Reserve Bank of Peru (BCRP).
However, at 9:21 am the Bloomberg portal reported that the dollar rose and stood at S / 4.0763.
This decline in the US currency happens after the Executive made official the continuity of Julio Velarde as president of the BCRP, a designation that must be ratified by the Permanent Commission of Congress.
Juan José Marthans, former director of the BCRP, He noted that the Government still has to resolve some pending issues to reduce the causes of the rise in the exchange market, among them, “the questions to the Ministers of Education and Interior, such as the convincing clarification of the president to set aside the intention of a reform constitutional”. “If both are diluted, the exchange rate would show a second wave of reduction, but in no case below S / 3.60,” he said.
Internationally, rising US yields forced investors to ditch the yen against the dollar, triggering the second-biggest daily drop in the value of the Japanese currency on Monday.
The dollar index stood at 94.30, not far from the one-year high of 94.504 reached in late September, when traders positioned themselves for the US Federal Reserve to announce a gradual reduction in its massive buying program. bond in November.
Also, in recent weeks the instability of the energy sector in Europe unleashed a wave of bullish bets on the currency.
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