Exchange rate: Price of the dollar rises again at the close of today, January 18

The price of dollar rose at the close of today’s exchange session, tuesday january 18.

According to him Central Reserve Bank (BCR), the exchange rate in Peru went from S/ 3.85 to S/ 3.87 at the interbank level.

Despite having started the day lower, reaching its lowest level in seven months, the dollar ended the day with a slight rise of 0.38% in the Peruvian market.

The price of the currency is still at one of its lowest levels in recent months, since in the last two weeks the greenback it has fallen 3.03% in total.

To mitigate the volatility reported today, the BCR sold US$ 12 million, placed six-month interest rate swaps for S/ 50 million at an average rate of 3.80% and foreign exchange swaps for sale for S/ 300 million at nine months, at an average rate of 0.39%.

Why did the dollar rise?

According to Archyde.com, the american currency presented a global advance on this day.

The dollar hit a six-day high on Tuesday, following a rise in US Treasury yields.

In addition, the markets remained attentive to signs of the next measures that central banks may adopt, mainly to possible rises in interest rates.

The United States Federal Reserve will meet next week. It is expected to raise interest rates in March for the first time since the start of the coronavirus pandemic, with investors forecasting four hikes in total during 2022.

Dollar price for buying and selling

The platform, how much is the dollar.pe, indicates that in the parallel market the dollar the dollar is bought at S/ 3.84 and it is sold at approximately S/ 3.88.

While in digital exchange houses the green ticket it is bought at S/ 3.85 and it is sold at S/ 3.88 on average.

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