Today US$299 million were traded in the interbank spot market, slightly below last week’s daily average (US$312 million), Renta4 SAB reported.
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The dollar exchange rate closed lower this Monday, April 29 and stood at S/3.7340, according to the Central Reserve Bank of Peru (BCRP). On the last day of Friday, the greenback had ended its career at S/3.7450.
Today US$299 million were traded in the interbank spot market, slightly below last week’s daily average (US$312 million).
Jimena Torres Benavides, Currency intermediation manager at Renta4 SAB, explained that at the beginning of the session there was an offer from corporate clients (primary sector) that took the exchange rate to levels close to S/3.72.
Around midday, demands from Non-Resident Clients associated with bond coverage were activated that drove the currency to its highest levels of the day. Today there were no exchange swap maturities by the BCRP.
Regarding the downgrade of the rating made by S&P last week that generated some uncertainty, it is important to mention that Moody’s maintains the Baal rating with a negative outlook since the end of January 2023 with no rush to modify.
Finally, at the international level, Spain’s CPI rose 3.3% annually in April, with a monthly increase of 0.7%, slightly below market expectations.
Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.
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.
