The exchange rate reached S/3.6800 today, Friday, March 5, according to the Central Reserve Bank of Peru (BCRP).
Thus, the dollar ends the week with a contraction of 0.22% compared to Thursday, when it reached S/3.6880.
In the parallel market, the North American currency is at S/3.67 for purchase and S/3.70 for sale; while in the banking sector, the BCP leaves it at S/3,634 and S/3,722.
Asvim Asencios, Income Currency Trader4 SAB states that US$219 million were traded in the market at an average price of S/3.6873. The BCRP intervened by placing S/300 million in Swap Exchange Sale.
And, at a global level, unemployment data for the United States in March stood at 3.8%, which indicates that employers have hired more people than the market expected and drives the American currency to appreciate, which which may somewhat delay an interest rate cut. Analysts have their projections of some change in interest rates starting in September of this year.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
