Dollar closes the day lower and is trading at S/3.7230 this Monday, November 27

Dollar closes the day lower and is trading at S/3.7230 this Monday, November 27

The price of the dollar closed the decline on Monday, November 27, and stood at S/3.7230, which meant a decline of 0.27% compared to Friday’s close, when it stood at S/3.7330. , according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of 2.21%.

At 2.00 p.m. The US currency in the parallel market was quoted at S/3.71 for purchase and S/3.73 for sale. While the reference exchange rate in the parallel market reached S/3.6320 for purchases and S/3.8130 for sales in the Banco de Crédito del Perú (BCP).

Internationally, gold hit a six-month high due to a dollar Weaker and expectations of a pause in monetary tightening by the Federal Reserve (FED) helped bullion consolidate above the key level of US$2,000 an ounce, according to Reuters.

Spot gold was up 0.4% at US$2,009.65 an ounce at 15:54 GMT, after reaching its highest level since May 16. U.S. gold futures also rose 0.4% to $2,010.30.

Traders widely expect the US central bank to hold rates on hold in December, while estimating a around 50% chance of a cut in May next year, CME’s FedWatch tool shows.

With information from Reuters.

Source: Larepublica

You may also like

Immediate Access Pro