Exchange rate: dollar closes higher at S/3.7390 this Wednesday, May 22

Exchange rate: dollar closes higher at S/3.7390 this Wednesday, May 22

Latin American currencies closed negative and the dollar Index trading at 104.92. Investors are awaiting the results of the minutes of the meeting of the US Federal Open Market Committee (FOMC).

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The price of the dollar closed this Wednesday, May 22, higher at S/3.7390, according to official data from the Central Reserve Bank (BCRP). This represents a variation of 70 basis points compared to yesterday, which ended at S/3.7320.

During the day, the offer came from the renewal of Sale Exchange Swaps for S/600 million soles and intervened by placing S/285 million more Sale Exchange Swaps, while the demand came from the offshores.

The country’s main banks offer the currency for S/3,697 for purchase and S/3,782 for sale, while money changers and exchange houses offer the asset for S/3.71 for purchase and S/3.74 for sale.

On the day, the dollar had a minimum price of S/3.7360 and a maximum price of S/3.7500. US$410 million were traded in the market at an average price of S/3.7410.

“Latin American currencies closed negative and the dollar Index was trading at 104.92. Investors are awaiting the results of the minutes of the meeting of the US Federal Open Market Committee (FOMC), which will be published tonight,” explained Allison Pérez, Currency trader at Renta4 SAB.

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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

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