The exchange rate closed today with S/3.7250, 0.13% less than the last day, where it targeted S/3.7300 according to the Central Reserve Bank of Peru (BCRP).
In the parallel market, the greenback is now at S/3.71 for purchase and S/3.74 for sale; while in banking, the purchase and sale is at S/3,722 and S/3,753, respectively.
Jimena Torres, Foreign Exchange Trader at Renta4 SAB, explained that at the beginning of the session the currency corrected to its minimum level of the day, a moment where the BCRP placed S/250 million SCV three months ahead of the S/700 million maturity that it had for todaywhich caused the exchange rate to recover to S/3.7260.
On the other hand, US$364 million were negotiated today in the interbank spot market, 31% above what was agreed upon yesterday, added Torres. Meanwhile, in the coming weeks the market will be expectant of the flow of local soles due to the withdrawal of AFP funds.
So far this year, the dollar has accumulated a variation of 0.49% and in year-on-year terms, 0.38%, according to the BCRP.
Source: Larepublica
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