The price of dollar It opened the day of this Monday, February 5, 2024 higher and stood at S/3.8406, according to Bloomberg. This means an advance of 0.22% compared to the previous day’s close when it was quoted at S/3.8320, according to the Central Reserve Bank of Peru (BCRP). So far this year it has accumulated a variation of 3.37%.
At 9.30 am The US currency in the parallel market was at S/3.82 for purchase and S/3.85 for sale.. While in the banking market the purchase reached S/3,796 and the sale reached S/3,892 in the Banco de Crédito del Perú (BCP).
At the international level the dollar hit its highest level in two months against major currencies on Monday, as traders retracted bets on an aggressive interest rate cut by the Federal Reserve (FED) this year.
The turnaround came after Friday’s strong U.S. jobs report, which far exceeded market expectations and sent US bond yields soaring, boosting the country’s currency.
Treasury yields rose further on Monday after FED Chair Jerome Powell said the central bank could “give itself some time” before cutting interest rates.
The Japanese yen fell to its lowest level since early December in early trading in the Asian session to 148.82 per dollar, before stabilizing at 148.43 yen.
For its part, The euro was down 0.26% at US$1.0762, near its lowest since mid-December. These movements helped the index of the dollar to rise 0.12% to 104.17, its highest since December 11.
The pound was down 0.17% at $1.2612, near its two-week low.
With information from Reuters.
Source: Larepublica
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