Dollar begins the day with slight advance and is quoted at S/3.7985 this Monday, January 29

Dollar begins the day with slight advance and is quoted at S/3.7985 this Monday, January 29

The price of dollar It opened with a slight increase on Monday, January 29, 2024 and stood at S/3.7985, according to Bloomberg. This means an advance of 0.09% compared to Friday’s close when it was quoted at S/3.7950, according to the Central Reserve Bank of Peru (BCRP). So far this year it has accumulated a variation of 2.37%.

At 9.30 am The US currency in the parallel market was at S/3.77 for purchase and S/3.80 for sale. While in the banking market the purchase reached S/3,646 and the sale reached S/3,842 in the Banco de Crédito del Perú (BCP).

At the international level the dollar was trading steady as investors analyzed US economic data ahead of this week’s Federal Reserve (FED) monetary policy meeting, and escalating geopolitical tensions in the Middle East kept risk appetite at bay.

The index dollarwhich measures the performance of the US currency against a basket of six rivals, it was little changed at 103.53 and remained near the six-week high of 103.82 reached last week.

The euro was down 0.1% at US$1.0838, heading for a drop of close to 2% for the month. Last week, the European Central Bank (ECB) kept interest rates at their record level of 4% and reaffirmed its commitment to fighting inflation.

The vice president of the ECB, Luis de Guindos, declared that the central bank will cut interest rates sooner or latergiven the recent evolution of inflation in the euro zone.

Sterling is trading flat at $1.2703 ahead of the Bank of England’s monetary policy announcement on Thursday.

With information from Reuters.

Source: Larepublica

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