Exchange rate: Dollar closes lower today, Tuesday, July 9, at S/3.7840

The dollar has a cumulative variation of 2.08% and in interannual terms, of 3.90%, according to the BCRP.

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The exchange rate closed today at S/3.7840, 0.11% less than the previous day, when it was at S/3.7880, according to the Central Reserve Bank of Peru (BCRP).

In the parallel market, the greenback is now at S/3,770 for purchase and S/3,800 for sale; while in the banking market, it is at S/3,741 and S/3,826 for purchase and sale, respectively.

During the day, US$229 million were traded on the interbank spot market. Likewise, there was an expiration of the Foreign Exchange Swap Sale by the BCRP for S/500 million, of which only S/200 million was renewed for 6 months, explains Jimena Torres, Foreign Exchange Trader at Renta4 SAB.

Meanwhile, the Fed chairman told a congressional panel that they must be carefully balanced on the monetary policy front. The market is still waiting for his comments tomorrow.

So far this year, the dollar has accumulated a variation of 2.08% and in interannual terms, of 3.90%, according to the BCRP.

Source: Larepublica

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