Yesterday the dollar fell by -0.83% and closed the day at S / 4.0390, a level below that of three months ago (July 30), when it traded above the S / 4 threshold for the first time. 00. (See infographic)
Thus, the Peruvian sol was the second most appreciated currency in the region, only behind the Colombian peso, which rose 1.15%.
Omar Azañedo, Founder & CEO of Noncash, stated that despite the dollar reaching S / 4.00, “It does not mean that we are better, since it is still a high exchange rate”, and the only thing that could mitigate is the depreciation of the sun and reach 11 percentage points.
“That it goes back to four soles does not fill us with optimism. It’s good what happened, but the market talked a lot; therefore, he will continue to be expectant, ”the executive clarified.
He predicted that the currency will reach a maximum of S / 4.00 at the end of 2021, because “we are still in a global crisis that is causing a high exchange rate, although political noise has accelerated this process.”
In contrast, the international scene marked a new rise for the US currency due to expectations that the Federal Reserve (Fed), the central bank of EE. UU., will announce a reduction in its massive bond buying program next month. But a new problem has added to this rally, it is concerns about rising energy prices.
Arturo Garcia, an economist and professor at ESAN, pointed out that our country will be able to counteract the effects of these global phenomena due to our macroeconomic fundamentals “with a highly surplus trade balance for this and next year that is expected to reach US $ 18,000 million.”
“We are going to have an offer of dollars, but they will be moved by internal and external expectations,” the specialist warned.
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