The price of the dollar closed at S/ 3,753 in the session on Wednesday, March 2, according to information from the Central Reserve Bank of Peru (BCRP). This price represents a reduction of 0.98% compared to last Tuesday when it stood at S/ 3,790.
This occurs a week after Russia’s invasion of Ukraine, and before the tightening of sanctions on the Soviet country. In addition, the price of oil broke a new record by exceeding US$ 110 in the session.
In the parallel market, the purchase of the green ticket is quoted at S/ 3.75 and the sale at S/ 3.78, according to information from the moneychangers of the Ocoña jirón in downtown Lima. Meanwhile, in the main banks, the dollar is located at S/ 3,700 for purchase and S/ 3,816 for sale.
The local currency appreciated compared to the previous day due to a strong flow of offshore supply, after the latest dovish statements by the president of the FED, Jerome Powell, where he confirmed that he will go ahead with the plan to raise interest rates by 0.25%. to control high inflation in the United States at its next meeting in two weeks. He also assured that the global outlook is uncertain due to the conflict between Russia and Ukraine.
According to information from Renta 4, US$ 73 million were traded in the local market at an average price of S/ 3.7628. Today there was no intervention by the BCRP, the entire supply flow was offshore.
“Today the currencies of Latam began the mixed day with an index of the dollar appreciating against the other currencies. On the other hand, China will not join the sanctions against Russia, according to the Chinese banking regulator, it was mentioned that they will continue to maintain economic and commercial exchanges,” said Asvim Asencios, Foreign Exchange Trader at Renta4 SAB.
Source: Larepublica
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