He dollar closed lower for the second time in the week on Tuesday, December 19 and was located at S/3.7210, which meant a decline of -0.45% compared to Monday’s close when it was quoted at S/3.7380, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of -2.26%.
At 1.50 pm the US currency in the parallel market It was quoted at S/3,700 for the purchase and S/3,730 for the sale. While in the banking market the purchase reached S/3.6890 and the sale reached S/3.7540 at the windows of the Banco de Crédito del Perú (BCP).
Internationally, Thomas Barkin, president of the Federal Reserve Bank of Richmond, Virginia, suggested that the FED could cut interest rates if inflation continues, but said he is still waiting for some conviction that inflation is heading towards the 2% target.
As recalled, for November an inflation rate of 3.1% was recorded, which represents one tenth below October. For his part, the Federal Open Market Committee of the Fed, decided to maintain interest rates between 5.25% and 5.5% for the third consecutive time, their highest level since 2001.
Source: Larepublica
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