After closing January with -3.63% and having momentarily rebounded 1.01% in Tuesday’s session due to the political crisis, the dollar it fell 0.69% and stood at S/ 3.8580 at the close of operations on Wednesday, February 2; as reported at 1:30 p.m. by the Central Reserve Bank of Peru (BCRP).
In this way the peruvian sol was consolidated as the best appreciated Latin currency of the day by registering 0.70%, according to the Bloomberg meter, at the beginning of the administration of Óscar Graham, who took over as head of the Ministry of Economy and Finance (MEF) after the departure of Pedro Francke.
According to experts consulted by Bloomberg, the passage of the new minister for more than two decades in the BCRP has calmed investors’ nerves.
“The new cabinet is not radical, that was fear,” said Juan Prada, currency strategist at Barclays in New York.
Internationally, the dollar fell as risk-sensitive currencies such as the Australian dollar, euro and sterling gained.
The US currency index fell 0.239% and the euro rose 0.24% to $1.1296.
Source: Larepublica
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