The exchange rate has a cumulative variation of 2.59% and in interannual terms of 4.62%, according to the BCRP. The Fed believes that it is too soon to lower interest rates.
The exchange rate started today on a downward trend of S/3.7973, according to preliminary data from the Bloomberg international currency quotation portal. That is, 0.15% less than the previous day, when it closed at S/3.8030.
In the parallel market, the greenback is priced at S/3,790 for purchase and S/3,820 for sale; while in the banking market, it is priced at S/3,743 and S/3,842 for purchase and sale, respectively.
On the other hand, Members of the Federal Open Market Committee of the Fed believe it is still too early to lower interest rates since inflation progress towards the 2% target is still “modest”, according to the minutes of the last meeting, published yesterday.
So far this year, the dollar has accumulated a variation of 2.59% and in interannual terms, of 4.62%, according to the Central Reserve Bank of Peru.
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.
