Dollar starts down with S/3.7858 this Tuesday, July 9

Dollar starts down with S/3.7858 this Tuesday, July 9

The exchange rate has a cumulative variation of 2.19% and in interannual terms, of 4.01%, according to the BCRP.

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The exchange rate started today on a downward trend of S/3.7858, according to preliminary data from the Bloomberg international currency quotation portal. That is, 0.06% less than the previous day, when it closed at S/3.7880.

In the parallel market, the greenback is priced at S/3,770 for purchase and S/3,800 for sale; while in the banking market, it is priced at S/3,735 and S/3,831 for purchase and sale, respectively.

On the other hand, yesterday Fed Chairman Jerome Powell told Congress that while US inflation remains above the 2% target, there has been a clear improvement in recent months. Also, He noted that there are other data that could reinforce the arguments in favor of interest rate cuts.

So far this year, the dollar has accumulated a variation of 2.19% and in interannual terms, of 4.01%, according to the Central Reserve Bank of Peru (BCRP).

Source: Larepublica

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