Dollar starts rising today, Monday, July 15, with S/3.7332

The exchange rate has a cumulative variation of 0.54% and in interannual terms, of 4.05%, according to the BCRP.

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The exchange rate started the week on the rise at S/3.7332, according to preliminary data from Bloomberg’s international currency quote portal. That is, 0.17% more than the previous day, when it closed at S/3.7270.

In the parallel market, the greenback is priced at S/3,720 for purchase and S/3,740 for sale; while in the banking market, it is priced at S/3,685 and S/3,769 for purchase and sale, respectively.

US inflation is slowing faster than the market expectedThe Fed chairman’s remarks gave the impression that the cycle of rate cuts is getting closer. On the other hand, the weakening of the labour market is no longer putting pressure on prices.

So far this year, the dollar has accumulated a variation of 0.54% and in interannual terms, of 4.05%, according to the Central Reserve Bank of Peru (BCRP).

Source: Larepublica

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