Dollar starts lower with S/3.7210 this Friday, May 3

Dollar starts lower with S/3.7210 this Friday, May 3

The exchange rate started lower today with S/3.7210 according to preliminary data from the Bloomberg international currency exchange portal. That is, 0.24% less than the previous day, where it closed at S/3.7300.

In the parallel market, the greenback is at S/3.70 for purchase and S/3.73 for sale; while in banking, the purchase and sale is at S/3,722 and S/3,741, respectively.

According to the latest survey of macroeconomic expectations from the Central Reserve Bank of Peru (BCRP), expectations for the exchange rate would be between S/ 3.75 and S/ 3.77 by the end of 2024.

On the other hand, The Fed reported that workers’ income rose 0.2% in April, but the year-on-year rate decreased to 3.9%reflecting the slowest pace since June 2021.

So far this year, the dollar has accumulated a variation of 0.62% and in interannual terms, 0.48%, according to the BCRP.

Source: Larepublica

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