Today, US$286 million were traded at an average price of S/3.8472. The BCRP intervened by placing foreign exchange swaps for sale for S/440 million. There were also expirations of foreign exchange swaps for sale for S/600 million.
The dollar exchange rate closed its first day of July on the decline and stood at S/3.8390 this Monday, July 1, falling 50 basis points compared to Friday’s close, which stood at S/3.844, according to the Central Reserve Bank (BCRP).
During the day, the dollar continued to rise, mainly due to corporate demand. Thus, the dollar started at a minimum level of S/3.8350 and closed at a maximum level of S/3.8530.
Currency exchange houses and ordinary money changers offer the currency at S/3.80 for purchase and S/3.84 for sale. Meanwhile, the main banks in the country offer an average rate of S/3.794 for purchase and S/3.881 for sale.
Today, US$286 million were traded at an average price of S/3.8472. The BCRP intervened by placing foreign exchange swaps for sale for S/440 million. There were also expirations of foreign exchange swaps for sale for S/600 million.
Asvim Asencios, currency trader at Renta4 SAB, explained that the DXY continues to be under bullish pressure. Today, the Manufacturing PMI data for June was released, which came in below expectations at 51.6. The DXY was trading at 105.59 at the close of trading.
Source: Larepublica
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