Exchange rate: dollar closes lower at S/3.7040 this Wednesday, December 20

Exchange rate: dollar closes lower at S/3.7040 this Wednesday, December 20

In the international market, Latin American currencies weakened on Wednesday, in a break from the gains of recent days, this time mainly affected by decisions by local central banks in the case of Chile and Colombia.

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The dollar exchange rate closed lower this Wednesday, December 20 and stood at S/3.7040, according to the Central Reserve Bank (BCRP).

The greenback had closed the previous day at S/3.7210 and then had climbed to the opening of S/3.7120 this Wednesday. In this way, the Peruvian sol strengthens by 0.46% against the North American currency.

During the day, S/1.7 billion Overnight Deposits were placed at an average rate of 6.07% and S/500 million 6-month BCRP CDs were placed at an average rate of 5.97%.

In the international market, Latin American currencies weakened on Wednesday, in a break from the gains of recent days, this time mainly affected by decisions by local central banks in the case of Chile and Colombia.

Added to this was the firmness shown by the dollar globally, while Federal Reserve authorities have been refuting the idea of ​​a rapid rate cut next year, after last week’s meeting led markets to anticipate three reductions in 2024, causing a rebound in financial markets.

ABOUT THE AUTHOR:

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Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.

Source: Larepublica

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