The dollar exchange rate in Peru closed higher at S/3.7480 this Tuesday, June 4, according to the Central Reserve Bank (BCRP).
In the previous day on Monday, the dollar had closed its participation in the exchange market around S/3.7290, and then progressed to opening at S/3.7310.
In this way, the greenback has accumulated an increase of 1.63% in the last twelve months, and almost 1.11% so far this year. This Tuesday’s closing also represents an advance of 0.51% compared to the marker left on Monday.
In the parallel market of exchange houses and ordinary money changers, the currency is offered for S/3.72 for purchase and S/3.75 for sale. The country’s main banks, for their part, quote the currency at S/3,702 for purchase and S/3,790 for sale.
“During the day, the dollar behaved with upward pressure, mainly due to corporate demand. Thus, the dollar started at a minimum level of S/3.734 and closed at a maximum level of S/3.7450,” explained Asvim Asencios, Currency trader in Income4 SAB.
US$280 million were traded in the market at an average price of S/3.7398. The BCRP intervened by placing an exchange swap sale for S/1,000 million.
Investors are awaiting this Thursday’s rate decision by the ECB and the United States unemployment data that will be published this Friday, the market is already pricing in a rate decrease of 25 basis points. The DXY was trading at 104.09 at market close.
Source: Larepublica
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