Dollar in Peru: Exchange rate closes higher and stands at S/ 3.7610

Dollar in Peru: Exchange rate closes higher and stands at S/ 3.7610

The dollar closed at S/ 3.7610 at 1:30 p.m. on Monday, February 21, which meant an increase of 0.29% compared to the previous closing, in which it had a value of S/ 3.75, according to the report of Central Reserve Bank of Peru (BCRP).

Thus, the Peruvian sol was the currency that depreciated the most in the region (0.40%).

Meanwhile, the parallel exchange rate was between S/ 3.74 for purchase and S/ 3.78 for sale. While, in the main banks of the country, the refuge currency reached S/ 3.68 and S/ 3.86, the purchase and sale; respectively.

The issuing entity placed a 3-month BCRP CDV auction: S/ 900 million at an average margin of 0.04% and 1-week Deposits for S/ 2,200.1 million at an average interest rate of 3.50%.

During the day, 124 million dollars were traded at an average price of 3.7515, the BCR did not intervene with financial instruments or direct sales. Today, there was not much liquidity in the market, since it is a holiday in the United States for President’s Day, explains Allisson Pérez, Foreign Exchange Trader at Renta4 SAB.

At the international level, political tension is increasing in the face of a possible Russian invasion of Ukraine, which would trigger a war between the two countries. Given this development, the dollar is projected to strengthen in the short term, Pérez said.

Source: Larepublica

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