Dollar starts down with S/3.7919 this Monday, July 8

The exchange rate has a cumulative variation of 2.29% and in interannual terms, of 4.35%, according to the BCRP.

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The exchange rate started today on a downward trend of S/3.7919, according to preliminary data from the Bloomberg international currency quotation portal. That is, 0.003% less than the previous day, when it closed at S/3.7920.

In the parallel market, the greenback is now at S/3,780 for purchase and S/3,805 for sale; while in the banking market, it is at S/3,743 and S/3,842 for purchase and sale, respectively.

On the other hand, this week, the president of the Fed, Jerome Powell will appear before Congress to provide updates on economic conditions and interest rates. Meanwhile, expectations are focused on his comments on inflation and future monetary policy decisions.

So far this year, the dollar has accumulated a variation of 2.29% and in interannual terms, of 4.35%, according to the BCRP.

Source: Larepublica

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