Exchange rate: dollar closes lower today, Thursday, May 9, at S/3.6920

Exchange rate: dollar closes lower today, Thursday, May 9, at S/3.6920

The exchange rate closed today with S/3.6920, 0.89% less than the last day, where it targeted S/3.7250 according to the Central Reserve Bank of Peru (BCRP).

In the parallel market, the greenback is now at S/3.68 for purchase and S/3.72 for sale; while in banking, the purchase and sale is at S/3,662 and S/3,748, respectively.

During the day, The dollar was pressured downward by supply from the off-shore market and local corporations, taking the currency to a minimum price of S/3.6900 and a maximum of S/3.7250.. Likewise, US$313.4 million were negotiated in the market at an average price of S/3.7036 and there were expirations of foreign exchange swaps for S/120 million, which were not renewed, said Gianina Villavicencio, currency intermediation manager at Renta4. SAT.

On the other hand, in Latam, currencies open mixed and the dollar loses positions after the weak labor market data in the United States, showing that the Number of initial jobless claims increased more than expected, reaching 231,000 last weekthe highest level since August 2023, Villavicencio highlighted.

So far this year, the dollar has accumulated a variation of -0.40% and in year-on-year terms, -0.03%, according to the BCRP.

Source: Larepublica

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