The exchange rate began to fall on the day of Friday, October 15 and it was located at S / 3.9121 at 09:03 am on the Bloomberg portal, representing a decrease of 0.33% compared to the close of last Wednesday, when it stood at S / 3.9250 according to the Central Bank Reserve of Peru (BCRP).
However, at 9:20 a.m. Bloomberg reported that the dollar it continued its downward trend and was trading at that time of day at S / 3.9067.
This decline in the US currency occurs after a week of the ministerial changes made by Pedro Castillo and the officialization of the continuity of Julio Velarde as president of the BCRP, a designation that must be ratified by the Permanent Commission of Congress.
Thus, the sol is already the currency that appreciated the most in the last week against the dollar. However, so far in 2021, the figure is reversed, and that is that the exchange rate advanced 8.32% and 9.13% in the last 12 months.
Internationally, the safe haven currency was heading for its first weekly decline against its major peers since early last month as global risk appetite rebounded.
The dollar index fell 0.1% to 93.9 and was down 0.2% for the week in what would be its first weekly loss in six weeks. The dollar tends to rise when investors seek safety.
With information from Reuters and Bloomberg.
.
Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
