He dollar It closed the day this Tuesday, January 30, 2024 with a slight decline and stood at S/3.8090. This meant a drop of 0.05% compared to Monday’s close when it was quoted at S/3.8110 —its highest value in two months—, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of 2.75%.
At 2.30 p.m. The US currency in the parallel market was quoted at S/3.79 for purchase and S/3.81 for sale.. While the reference exchange rate in the banking market reached S/3.7170 for purchases and S/3.8990 for sales in the Banco de Crédito del Perú (BCP).
Internationally, gold prices hit two-week highs, supported by a dollar weaker and lower Treasury yields, as attention focused on the Federal Reserve’s (Fed) monetary policy meeting to know when it will cut interest rates this year.
At 17:09 GMT, spot gold gained 0.2%, to US$2,035.32 an ounce, after reaching its highest since January 16. US gold futures rose 0.5% to US$2,034.20.
“A big part of gold’s move is because rates have been falling and the dollar is in the red, but we are seeing the market elevated due to anticipation of the FED rate decision on Wednesday,” said Daniel Pavilonis of RJO Futures.
The dollar index fell 0.2%, increasing the attractiveness of gold for holders of other currencies. The return on benchmark 10-year Treasury notes was trading at two-week lows.
With information from Reuters.
Source: Larepublica
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