In this way, the price of the dollar closed with an increase of 0.49% compared to Friday’s close. US$522 million were traded in the market at an average price of S/3.6962. The BCRP intervened by placing an exchange swap sale for S/600 million at an average rate of 5.23%.
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The dollar exchange rate began its penultimate week of March on the rise and closed at S/3.7060 this Monday the 18th, according to the Central Reserve Bank of Peru (BCRP).
In the previous day on Friday, the greenback had ended the day at S/3.6880 and then progressed to the opening of S/3.6925, which was marked by the highest issuing entity in its report on Monday.
In this way, the price of the dollar closed with an increase of 0.49% compared to Friday’s close, according to the analysis of Fabiola Gutiérrez, a trader at Divisas de Renta4 SAB.
During the day the market pushed upwards due to corporate demand, continuing this trend at the close. Thus, the dollar started at a minimum level of S/3.6850 and reached the maximum level of S/3.7070.
US$522 million were traded in the market at an average price of S/3.6962. The BCRP intervened by placing an exchange swap sale for S/600 million at an average rate of 5.23%.
Currencies in Latin America were appreciating. This week the Federal Reserve’s economic projections are scheduled, as well as a decision on the new level of interest rates.
“In line with the last appearance of the Fed president, analysts expect the level to remain at 5.25-5.50% with a probability of occurrence of 98%. The DXY was trading at 103.58 at market close,” Gutierrez said.
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Source: Larepublica
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