The exchange rate closed with 1.31% less compared to yesterday’s session where it stood at S/3.7320, according to the Central Reserve Bank of Peru (BCRP).
In the parallel market, the greenback is at S/3.68 for purchase and S/3.71 for sale; while in banking, the purchase and sale is at S/3,682 and S/3,700, respectively.
Fabiola Gutierrez, Foreign Exchange Trader at Renta4 SAB, explained that the dollar had a high volatility behavior with downward pressure, mainly due to offshore supply. Therefore, it started at a maximum level of S/3.7260 and reached a minimum level of S/3.6750.
Likewise, US$436 million were negotiated in the market at an average price of S/3.6933 and there were exchange swap sales maturities for S/415 million. In that sense, currencies in Latin America closed appreciating, said Gutierrez.
On the other hand, the president of the Atlanta Federal Reserve, Raphael Bostic, reiterated that the easing of monetary policy should still be postponed until the end of the year since the reduction in inflation could be brought to the target path of 2% at a rate Slower.
So far this year, the dollar has accumulated a variation of -0.65% and in year-on-year terms, -2.46%, according to the BCRP.
Source: Larepublica
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