Dollar closes slightly higher and stands at S/ 3.7400

Dollar closes slightly higher and stands at S/ 3.7400

The price of the dollar closed higher and stood at S/3.7400 at the close of the day on Tuesday, March 15. The US currency advanced 0.19% in relation to the closing of the day before when it stood at S / 3.7330, according to the report of the Central Reserve Bank (BCRP).

While, in the parallel market, the green ticket at 1:50 pm was trading at S/ 3,715 for purchase and S/ 3,745 for sale, according to the portal How much is the dollar. At the interbank level, the refuge currency is located at S/ 3,662 for purchase and S/ 3,812 for sale at the BCP.

On the day, the BCRP placed a 6-month Interest Rate Swap for S/ 50 million at an average rate of 4.81%. There was also quite a lot of significant foreign (offshore) demand throughout the day.

The presidential vacancy that was admitted yesterday in Congress and the upcoming strong maturities of the BCRP instruments (foreign exchange swaps and CDRs) make for an upward outlook, according to Alexander Javier – Currency Trader of Renta4 SAB.

On the other hand, the price of oil is below US$100, at a maximum of last week, one day before the Fed meeting, the fears on the part of the central bank are allayed. Meanwhile, the market does not lose sight of the situation in Ukraine, hoping that positive agreements will be reached with Russia.

Source: Larepublica

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