The dollar exchange rate closed this Monday, April 15, at S/3.740, and increased its value by 0.94% compared to Friday’s close, which was at S/3.7050, according to the Central Reserve Bank of Peru (BCRP).
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/3.7180 and reached the maximum level of S/3.7410.
US$268 million were traded in the market at an average price of S/3.7262. The BCRP intervened by placing an exchange swap sale for S/875 million at an average rate of 5.55%.
“Likewise, there were exchange swap maturities sold for S/797 million,” highlighted Fabiola Gutiérrez, Currency trader at Renta4 SAB.
In the statements of John Williams, president of the New York Fed, he mentioned that, if inflation continues to decline, the reduction of interest rates for this year will be evaluated.
Thus, the probability that the cut will be made by the June meeting of the Federal Reserve has been reduced to 74.6%. The DXY was trading at 106.2 at market close.
Source: Larepublica
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