Price of the dollar falls to S/ 3.77, its lowest level in more than a month

Price of the dollar falls to S/ 3.77, its lowest level in more than a month

He dollar price registered a marked decline on the day of this Thursday, November 2, 2023 and closed at S/3.77, its lowest level since September 25 when it was listed at S/3.7490. While compared to the S/3.84 at the close of Tuesday, October 31, the reduction was 1.82%, according to the Central Reserve Bank of Peru (BCRP).

At 2.00 pm the greenback in the parallel market It was quoted at S/3.76 for the purchase and S/3.80 for the sale. For its part, the reference exchange rate in the banking market It was S/3.7660 for the purchase and S/3.7740 for the sale at the Banco de Crédito del Perú (BCP).

Globally, world stock indices rose and the US dollar fell on Thursday on investor optimism that the Federal Reserve may have finished raising interest rates, while 10-year Treasury yields fell to three-week lows, according to Reuters.

The dollar index, which measures the currency against six other major currencies, fell 0.2% to 106.25. While most Latin American stocks and currencies recorded gains.

On Wednesday, the US Federal Reserve kept the policy rate steady at its current range of 5.25% and -5.50%.

Source: Larepublica

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