The exchange rate closed today at S/3.7120, 0.22% less than the last day, when it was at S/3.7200, according to the Central Reserve Bank of Peru (BCRP).
In the parallel market, the greenback is now at S/3,700 for purchase and S/3,730 for sale; while in the banking market, it is at S/3,669 and S/3,754 for purchase and sale, respectively.
During the day, the dollar was under downward pressure from local corporate offers and the off-shore market, leading the currency to a minimum price of S/3.7090 and a maximum of S/3.7250. Also, US$210 million were traded on the market at an average price of S/3,7161 and S/700 million in foreign exchange swaps expired, of which S/338 million were renewed by the BCRP at 3 and 6 months, explained Jesús Flores, Manager of Legal Entities at Renta4.
At a global level, the dollar continues to lose ground due to an increase in bets that the Federal Reserve will cut interest rates in September to 5.25% or 5.00%On the other hand, investors rushed to buy stocks and took Wall Street to new historical highs.
So far this year, the dollar has accumulated a variation of 0.13% and in interannual terms, of 4.30%, according to the BCRP.
Source: Larepublica
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