He dollar It closed the day on Monday, January 15, 2024 stable and stood at S/3.6950. This meant a slight decline of 0.03% compared to Friday’s close when it was quoted at S/3.6990, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of -0.32%.
At 2.00 p.m. The US currency in the parallel market was quoted at S/3.68 for purchase and S/3.71 for sale.. While the reference exchange rate in the banking market reached S/3.6040 for purchases and S/3.7890 for sales in the Banco de Crédito del Perú (BCP).
At the international level, copper prices were pressured by the strengthening of the dollar and the reemergence of concerns about Chinese demand, after the country’s central bank surprised markets by leaving official interest rates unchanged.
Elsewhere, zinc prices on the London Metal Exchange (LME) rose to $2,615 a tonne, their highest level since January 3, after Nyrstar said it will suspend zinc smelting operations at its Dutch Budel plant in the second half of January.
Traders said copper strengthened in the European afternoon as funds trimmed short positions as prices approached resistance at $8,390, where the 50-day and 200-day moving averages converge.. Benchmark copper gained 0.5% to US$8,381 per tonne as of 1702 GMT, after falling to US$8,308.
While oil prices weakened slightly as the limited impact of the Middle East conflict on production prompted profit-taking, after benchmark indices rose 2% last week.
Brent crude futures fell 14 cents, or about 0.2%, to $78.15 a barrel. U.S. WTI oil futures lost 38 cents, or about 0.5%, to $72.30.
With information from Reuters.
Source: Larepublica
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