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Dollar closes the day lower and is trading at S/3.7540 this Wednesday, December 6

Dollar closes the day lower and is trading at S/3.7540 this Wednesday, December 6

The US currency fell 0.21% compared to Tuesday’s price. So far this year the currency has accumulated a variation of -1.39%.

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The dollar closed the day of this Wednesday, December 6, lower and stood at S/3.7540, which meant a decline of 0.21% compared to the close on Tuesday when it was quoted at S/3.7620, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of -1.39%.

At 1.40 pm the US currency in the parallel market It was quoted at S/3,735 for the purchase and S/3,760 for the sale. While in the banking market The purchase amounted to S/3.7210 and the sale amounted to S/3.7840 at the counters of the Banco de Crédito del Perú (BCP).

Internationally, Reuters reported, the greenback hit a two-week high, while the euro weakened across the board, as markets increased bets that the European Central Bank (ECB) will cut lending. interest rates already in March.

It should be noted that markets are still pricing in at least 125 basis points of interest rate cuts by the Federal Reserve (FED) next year, so the dollar remains stable.

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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