The exchange rate started lower today with S/3.7079, according to preliminary data from the Bloomberg international currency exchange portal. That is, 0.30% less than the previous day, where it closed at S/3.7190.
In the parallel market, the greenback is now at S/3.70 for purchase and S/3.72 for sale; while in banking, the purchase and sale is at S/3,673 and S/3,761, respectively.
On the other hand, The Fed has kept yields at their highest level in 23 years for months with the goal of reducing high inflation to the long-term goal of 2%. In that sense, the governor of the Fed, Michelle Bowman, indicated that no interest rate cut is expected this year given the rebound in inflation.
So far this year, the dollar has accumulated a variation of 0.32% and in interannual terms, of 1.31%, according to the BCRP.
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.
