Dollar closes lower for the third consecutive session: how much was it quoted this Monday, November 20?

Dollar closes lower for the third consecutive session: how much was it quoted this Monday, November 20?

The US currency fell -0.82% compared to the S/3.7640 recorded at Friday’s close, according to the BCRP.

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He dollar price closed with a downward trend for the third consecutive session this Monday, November 20, 2023 and reached S/3.7330. This figure represents a decline of -0.82% compared to the S/3.7640 registered at the close of Friday and -1.14% compared to Thursday’s value, which was S/3.7760, according to the Central Reserve Bank of Peru (BCRP).

At 1.50 pm the greenback in the parallel market The purchase price was S/3,720 and the sale price was S/3,760. While the reference exchange rate in the banking market It was S/3.7010 for the purchase and S/3.7660 for the sale at the Banco de Crédito del Perú (BCP).

Internationally, according to the Reuters agency, the dollar reached its lowest level in two months during the day, thus continuing its downward trend of last week. For their part, traders reinforce the idea that rates in the United States have reached their peak and are now focused on when the Federal Reserve could begin to reduce them.

In contrast, the Chinese yuan reached its highest levels in three months, both in the domestic and overseas markets.

ABOUT THE AUTHOR:

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Graduate in Communication Sciences from the University of Lima. Currently, she is a news and economics editor at the newspaper La República. She has interests in cultural issues, narrative journalism, audiovisual creation, cinema and literature.

Source: Larepublica

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