The price of the dollar closed down on Thursday, March 3, and stood at S/ 3.7310. In this way, the greenback fell -0.59% in relation to the closing of the day before when it reached S / 3.7530, according to a report from the Central Reserve Bank of Peru (BCRP).
In the parallel market, the refuge currency is quoted at S/ 3,710 for purchase and S/ 3,755 for sale. For its part, in the interbank market it is located at S / 3,674 the purchase and S / 3,784 the sale in the Credit Bank of Peru (BCP), according to the portal How much is the dollar.
According to Asvim Asencios, Currency Trader at Renta4 SAB, the local currency appreciated during the first hour of the day due to a strong flow of offshore supply, then had a correction where it erased these gains due to the flow of corporate demand. At the local level, a new vacancy motion against President Pedro Castillo will be presented on Friday, March 4, according to what was announced by the spokesman for Renovación Popular Jorge Montoya.
In the local market, US$ 165 million were traded at an average price of S/ 3,725, sessions of low liquidity are evident and there was no intervention by the BCRP.
Today the currencies of Latam began the day appreciating despite the fact that the dollar index was strengthening globally, due to the concern of international investors about an increase in inflation.
Source: Larepublica
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