He dollar price opened with a slight increase the day of this Wednesday, February 7, 2024 and was placed at S/3.8653, according to Bloomberg. This means an advance of 0.06% compared to the previous day’s close when it was quoted at S/3.8630, according to the Central Reserve Bank of Peru (BCRP). So far this year the currency has accumulated a variation of 4.21%.
At 10:15 am the US currency in the parallel market The purchase price was S/3.84 and the sale price was S/3.87. While the reference exchange rate in the banking market The purchase amounted to S/3.8180 and the sale amounted to S/3.9120 at the Banco de Crédito del Perú (BCP).
Internationally, the dollar fell, retreating from almost three-month highs reached the previous day against the euro, and falling US bond yields added to the pressure.
Analysts pointed to technical factors to explain the dollar’s decline, following a two-day rally of up to 1.4% against the euro after strong US employment data, as well as more hawkish rhetoric from Federal Reserve Chairman Jerome Powell, dashed bets on an early interest rate cut.
U.S. Treasury yields also fell from highs on strong demand in a sale of new three-year bonds, taking some support away from the dollar.
The dollar fell 0.1% to US$1.0762 per euro, after falling 0.1% on Tuesday, when it hit its highest level since November 14 at US$1.0722.
The index dollar — which measures the currency’s performance against six major currencies, including the euro — fell 0.04% to 104.10, after falling 0.29% on Tuesday. On Monday it had reached its highest level since November 14, at 104.60.
Source: Larepublica
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