Dollar starts down with S/3.7550 this Tuesday, July 23

The exchange rate has a cumulative variation of 1.38% and in interannual terms, of 4.74%, according to the BCRP.

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The exchange rate started today on a downward trend of S/3.7550, according to preliminary data from the Bloomberg international currency quotation portal. That is, 0.08% less than the previous day, when it closed at S/3.7580.

In the parallel market, the greenback is priced at S/3,740 for purchase and S/3,765 for sale; while in the banking market, it is priced at S/3,430 and S/3,770 for purchase and sale, respectively.

On the other hand, the Fed’s argument for continuing to wait is that inflation is moving above the target and is persistent, with the CPI at 3.3%. The Federal Reserve is divided on whether there should be one or two interest rate cuts this year.

So far this year, the dollar has accumulated a variation of 1.38% and in interannual terms, of 4.74%, according to the Central Reserve Bank of Peru (BCRP).

Source: Larepublica

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