Dollar closes the day higher: how much is it trading at this Wednesday, January 3?

Dollar closes the day higher: how much is it trading at this Wednesday, January 3?

He dollar closed the day higher this Wednesday, January 3, 2024 and stood at S/3.7350, which meant an advance of 0.76% compared to the close of Friday, December 29, when it was quoted at S/3.7070 —which was the last official closing of 2023—, according to the Central Reserve Bank of Peru (BCRP).

At 2.15 pm the US currency in the parallel market was quoted at S/3.71 for purchase and S/3.74 for sale. While in the banking market the purchase reached S/3.6490 and the sale reached S/3.7800 at the windows of the Banco de Crédito del Perú (BCP).

On an international level, the dollar rose to a two-week high, supported by high US Treasury yields, according to Reuters. The currency index stood at 102.277, advancing 0.39%.

The 10-year US Treasury yield rose above 4% on Wednesday before retreating, as investors waited for new economic data to find out if the economy is ready for a soft landing.

While the yield on 10-year notes fell 1.7 basis points, to 3.927%, after having risen to 4.1%. The return on 30-year paper lost 1.3 basis points, to 4.071%.

The euro fell 0.37%, to US$1.0906, and the yen lost 1.12%, to 143.57 units per dollar. In raw materials, crude oil futures advanced more than 3%, while spot gold fell 1.2%, US$2,033.99 an ounce.

With information from Reuters.

Source: Larepublica

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