Price of the dollar closes higher and stands at S/3.8070 this Friday, November 10

Price of the dollar closes higher and stands at S/3.8070 this Friday, November 10

He dollar price The exchange session this Friday, November 10, 2023 closed with a slight increase and reached S/3.8070. This meant an advance of 0.08% compared to the S/3.8040 registered at the close of the previous session, according to the Central Reserve Bank of Peru (BCRP).

At 1.50 pm greenback In the parallel market the purchase price was S/3,800 and the sale price was S/3,820. While the reference exchange rate in the banking market was S/3.7720 for the purchase and S/3.8370 for the sale in the Banco de Crédito del Perú (BCP).

Globally, the dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated the central bank could raise rates again if inflation remains above its target, according to Reuters.

The Fed chairman and other officials signaled yesterday that they are still not sure interest rates are high enough to end the battle against inflation.

Meanwhile, the Japanese yen weakened today as traders remained on the lookout for possible intervention to shore up the struggling currency.

The U.S. currency briefly gained on Friday after data showed consumer confidence fell in November while inflation expectations rose. The dollar index was little changed on the day and stood at 105.92.

Source: Larepublica

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