The price of the dollar began to fall on Monday, May 2, 2022 and stood at S / 3.8378, according to Bloomberg. In this way, the US currency fell 0.03% compared to the close of last Friday when it reached S / 3.8390, according to the report of the Central Reserve Bank of Peru (BCRP).
at 9.30 a.m. In the parallel market, the greenback was quoted at S/ 3,810 for purchase and S/ 3,845 for sale. While the bank exchange rate at the windows of the Credit Bank of Peru was S / 3.76 for purchase and S / 3.94 for sale, according to the portal How much is the dollar.
The dollar held just below a 20-year high against other currencies today ahead of an expected rate hike from the Federal Reserve this week, with traders focused on the potential for the US central bank to move. US take an even more aggressive tone than expected.
The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation, which is shooting at its fastest rate in 40 years. It is expected to raise rates by 50 basis points and announce plans to reduce its $9 trillion balance sheet when its meeting concludes on Wednesday, according to Reuters.
Source: Larepublica
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