Exchange rate closes higher today, Tuesday, April 9, standing at S/3.6930

Exchange rate closes higher today, Tuesday, April 9, standing at S/3.6930

Exchange rate closes higher today, Tuesday, April 9, standing at S/3.6930

The greenback started the day today, Tuesday, April 9, with S/3.6815, and closed with S/3.6930, according to the highest issuing entity. In the last 12 months, the North American currency has suffered a variation of -2.07% and so far this year the accumulated variation would be -0.38%, according to information from the BCRP.

In the parallel market, the dollar rose to S/3.67 for purchase and S/3.71 for sale; while in banking, the purchase and sale is at S/3,691 and S/3,722, respectively.

Gianina Villavicencio, Manager of Foreign Exchange Intermediation at Renta4 SAB, pointed out that, during the day, the dollar was pressured upwards by demand from the off shore market, taking the currency to a maximum price of S/3.6970. US$382 million were traded in the market at an average price of S/3.6934. Along these lines, the BCRP placed exchange swaps selling S/500 million at 3 months with an average rate of 5.54%

At a global level, The dollar remains stable waiting to know the inflation in the United States tomorrow, which would give further clues about the next steps in the Federal Reserve’s monetary policy, he added.

Source: Larepublica

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