The exchange rate started rising today with S/3.6888, according to preliminary data from the Bloomberg international currency exchange portal. That is, 0.28% less than the last day.
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/3,688 and S/3,719, respectively.
In March, the Federal Reserve (Fed) significantly raised its economic growth expectations for 2024 by 0.7%, while expecting three rate cuts this year. However, higher-than-expected inflation data caused investors to lower their expectations on the number of rate cuts.
So far this year, the dollar has accumulated a variation of -0.22% and in interannual terms, of -1.67%, according to the Central Reserve Bank of Peru (BCRP).
Source: Larepublica
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