The dollar continues to climb and stands at S/3.8120 this Thursday, February 1

He dollar closed the day higher this Thursday, February 1, 2024 andand was located at S/3.8120, which meant an advance of 0.08% compared to Wednesday’s close when it was quoted at S/3.8090, according to the Central Reserve Bank of Peru (BCRP). On January 29, the currency had already approached its highest price in two months when it reached S/3.8110; if this trend continues, it could reach three-month highs. So far this year, a variation of 2.83% has accumulated.

At 2.15 pm the US currency in the parallel market was quoted at S/3.79 for purchase and S/3.81 for sale. While in the banking market the purchase reached S/3.7100 and the sale reached S/3.9120 at the windows of the Banco de Crédito del Perú (BCP).

At the international level the dollar It was trading stable against the euro and fell against the yen after the president of the Federal Reserve (FED), Jerome Powell, opposed bets on an early rate cut in the United States.

Sterling pared losses after the Bank of England said it would need more evidence of slowing inflation before easing rates.

Powell said on Wednesday that rates had peaked and would fall in the coming months, but he declined to declare victory in the central bank’s two-year fight against inflation.

The index dollarwhich measures the performance of the greenback against a basket of six major currencies, like the euro, the yen and the pound sterling, fell 0.1% to 103.51 units.

In currency markets, the dollar fell 0.21% to 146.60 yen, after hitting its two-week intraday low in the previous session.

The next major economic release in the United States will be the January jobs report on Friday, and the market expects it to show that employers added 180,000 jobs during the month.

With information from Reuters.