After having registered a decline in the previous day, the price of dollar rose again and closed this Wednesday, October 11, 2023 at S/3,831, which represents an increase of 0.21% compared to Tuesday’s close when it stood at 3,823, according to official information from the Central Reserve Bank of Peru (BCRP). ).
The US currency in the parallel market was quoted at S/3,810 for purchase and S/3,830 for sale. While the reference exchange rate in the banking market The purchase was S/3,783 and the sale was S/3,869 at the windows of the Banco de Crédito del Perú.
During the day, the dollar showed slight volatility during the morning. The offer came through the intervention of BCRP with Exchange Swaps Sale for S/600 million, while the demand came from the off shore’s. In addition, US$383 million dollars were traded in the market, detailed Allisson Pérez, Foreign Exchange Trader at Renta4SAB.
This occurs after the president of the World Bank, Ajay Banga will indicate that although inflation has begun to decline, “interest rates will remain high for longer.”
Likewise, the minutes of the Federal Reserve of the States (FED) revealed that the authorities of said entity agreed that interest rates will remain higher for longer than previously expected.
Source: Larepublica

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