The price of the dollar closed the exchange session on Tuesday, March 1, with a slight increase and stood at S/ 3.7900, according to the Central Reserve Bank (BCRP). In this way, the US currency rose 0.21% compared to Monday’s close when it reached S / 3.7820
In the parallel market, the refuge currency is quoted at S/3,765 for purchase and S/3,800 for sale. For its part, in the interbank market it is located at S / 3,741 the purchase and S / 3,851 the sale in the Credit Bank (BCP), according to the portal How much is the dollar.
In today’s session, the BCRP placed a Repo of currencies (Regular) for a term of 1 month for S/ 300 million at an average rate of 4.91%; as well as a 6-month Interest Rate Swap for S/ 50 million at an average rate of 4.35%.
According to Asvim Asencios, Currency Trader at Renta4 SAB, today Latam currencies are depreciating with a stronger dollar index globally; while Russia responds to sanctions by temporarily preventing foreign investors from selling Russian assets. These sanctions make it difficult for global banks to trade with Russian banks and vice versa, thus there are two foreign exchange markets for the ruble, one local and one international.
Source: Larepublica
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