The dollar closed the day stable and was quoted at S/3.7470 this Thursday, January 18

The dollar closed the day stable and was quoted at S/3.7470 this Thursday, January 18

He dollar It closed the day on Thursday, January 18, 2024 stable and stood at S/3.7470. This meant a slight advance of 0.05% compared to Wednesday’s close when it was quoted at S/3.7450, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of 1.08%.

At 2.00 p.m. The US currency in the parallel market was quoted at S/3.73 for purchase and S/3.75 for sale. While the reference exchange rate in the banking market reached S/3.64 for purchases and S/3.84 for sales in the Banco de Crédito del Perú (BCP).

According to Asvim Asencios, a trader at Divisas de Renta4 SAB, during the day there was demand from offshore companies, taking the currency to a maximum price of S/3.7480. US$384 million were traded in the market at an average price of S/3.7390. Today the Exchange Swap Sale S/55 million expired and the BCRP intervened by placing the Exchange Swap Sale for S/200 million over 12 months at an average rate of 4.99%.

At a global level the dollar continues to rise, With the latest US employment data showing growth, jobless claims have fallen by 16,000, This is a minimum figure not seen since September 2022. Expectations of a 25 bps rate cut by the Federal Reserve in March have dropped considerably to 55.2%, since last week it was at 73, 2%.

The dollar index was trading at 103.295 (+0.08%).

Source: Larepublica

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