Dollar in Peru: exchange rate closes higher with S/ 3.7965

The dollar broke its downward trend and started the week at S/ 3.7965; an increase of 0.56% compared to the previous closing (S/ 3.7660); as reported by the Central Reserve Bank of Peru (BCRP) at 1:30 p.m. on Monday, February 14. However, this does not mean a significant rise so far in recent days, since so far this year it presents an accumulated variation of -5.39%.

During the day, the greenback presented a depreciation of 0.55% compared to other countries in the region, ahead of the Chilean peso (0.58%) and to a lesser extent the Colombian peso (0.38%) and the Argentine peso (0.20%).

In the exchange session this Monday, the BCRP placed in the market Swap Exchange Sale (fixed rate) for S/ 200.1 million at 3 months, at an average rate of 0.54%. As well as Exchange Swap of fixed rate for a term of 6 months for S/ 200 million at the average rate of 0.47%.

The BCRP has projected that inflation will return to the range, between 1% and 3%, towards the fourth quarter of this year, from the level of 5.7% that increased annualized inflation last January. “Inflation in the following months will continue to be around 6%, with more moderate monthly rates, as of July year-on-year inflation will begin to decline,” said Adrián Armas, central manager of Economic Studies at the entity. .

Meanwhile the international context is tense, as Defense Secretary Lloyd Austin ordered US troops deployed to Ukraine last year to leave the country and relocate elsewhere in Europe.

The new marching order comes as an estimated 100,000 Russian troops equipped with advanced weaponry line Ukraine’s eastern border and northern border with Belarus, an ally of Moscow. Ukraine has requested a meeting with Russia within 48 hours as US intelligence officials warn that a Russian invasion could begin this week, according to information reported by Renta4.