The price of the dollar closed higher on the day of this Tuesday, March 8, and stood at S / 3.7400. In this way, the greenback advanced 0.40% in relation to the last settlement yesterday, Monday, when it reached S/ 3.7250, according to a report from the Central Reserve Bank of Peru (BCRP).
In the parallel market, the refuge currency is quoted at S/ 3,715 for purchase and S/ 3,755 for sale. For its part, in the interbank market the purchase is located at S/3.7270 and the sale at the Banco de Credito del Peru (BCP), according to the portal How much is the dollar.
During the day the flow of demand came from corporate funds, while the supply came from foreign banks and AFPs. In the local market, 285 million dollars were traded at an average price of 3.7531. Today the BCR intervened with S/ 200 million in currency repos at an average rate of 4.10% overnight, according to Gianina Villavicencio, Manager of Foreign Exchange Brokerage at Renta 4 SAB Peru.
At the local political level, the ministerial cabinet, led by Aníbal Torres, will appear before Congress today at 4 pm to request a vote of confidence (66 votes are required to grant it).
Internationally, at 1:30pm, the dollar index, which tracks the dollar against a basket of six other major currencies, is down slightly to 99.025, still retaining its strength as a safe haven asset as the conflict between Russia and Ukraine, reports Renta4.
Source: Larepublica
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