Dollar: how would you close the year?  This is what economic agents say

Dollar: how would you close the year? This is what economic agents say

The recent survey of macroeconomic expectations of the Central Reserve Bank of Peru (BCRP) maintains that the dollar would close 2022 below S / 4.00.

According to the survey carried out on February 28 at the request of the issuing entity, Both economic analysts, the financial system and non-financial companies agree that the greenback will end the year at S/ 3.90.

Thus, The price of the refuge currency decreases between S/ 0.01 and S/ 0.10 compared to the January survey and between S/ 0.20 and S/ 0.25 with respect to the forecasts for December 2021.

Capture: BCRP

It should be noted that so far this year, the exchange rate accumulates a fall of 6.21%, its lowest price was recorded on February 17 when it touched S/ 3,727; which positions the Peruvian sol as the second best currency in Latin America.

Along these lines, both the BCRP and the experts affirm that our currency has been strengthened thanks to solid economic fundamentals such as the surplus trade balance, in addition to the BCRP’s monetary policy with the increase in the reference interest rate, which increased to 3.50% in February.

“On the side of economic fundamentals, there are reasons to think that the sun could be stronger,” Adrián Armas, central manager of BCRP Economic Studies, warned on February 11, 2022.

Source: Larepublica

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