Price of the dollar closes the week lower and stands at S/3.8570 this Friday, October 27

Price of the dollar closes the week lower and stands at S/3.8570 this Friday, October 27

He dollar price It closed the week lower and stood at S/3.8570 this Friday, October 27, 2023. This meant a decline of 0.28% compared to the S/3.8680 registered at the close of Thursday, according to the Central Reserve Bank of Peru (BCRP).

At 1.50 pm the greenback in the parallel market It was quoted at S/3,840 for the purchase and S/3,865 for the sale. While the exchange rate in the banking market was S/3.8210 for the purchase and S/3.8900 for the sale in the Credit Bank of Peru (BCP).

During the day the dollar had a downward behavior due to corporate offers, reaching the dollar at a minimum price of S/3,854. US$363 million were traded in the market at an average price of S/3.8578, according to Asvim AsenciosForex Trader at Rent4 SAB.

“The BCRP intervened in the following way, S/550 million in exchange sale swaps and S/30 million in currency repos expired and S/300.1 million were placed in 3-month foreign exchange swaps at an average rate of 5.73%“commented Asencios.

At a global level, Copper prices rose, given a weaker dollar. Some encouraging signs of the Chinese economy, such as the increase in profits of Chinese industrial companies, generate expectations for greater demand for copper, since it is the main consumer of this raw material. The DXY was trading at 106.37.

Source: Larepublica

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