The dollar opened slightly higher east Monday, October 25, and was quoted at S / 3.9616, as reported by the Bloomberg portal at 09:07 am The day before, the currency had closed at S / 3.9680, according to information from the Central Reserve Bank (BCRP).
This occurs shortly after the presentation of Prime Minister Mirtha Vásquez to the Congress for the request for the vote of confidence to be held this October 25.
Thus, the greenback fell 0.16% with its price on Friday, October 22, the highest since the changes in the Cabinet.
However, at 9:16 am, the safe haven currency reached S / 3.9620.
On the international market, the dollar rebounded from a one-month low as traders looked toward tighter U.S. monetary policy, even while betting on the possibility that interest rate hikes would occur earlier outside of USA.
Currency markets were mostly quiet at the start of the week with traders waiting for growth data from the US and meetings of central banks in the euro zone, Japan and Canada.
The dollar index initially fell to a one-month low and the weakness extended after Federal Reserve Chairman Jerome Powell said Friday that it was not yet the time to start raising interest rates.
With information from Reuters.
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