The price of the dollar in Peru It is trading higher amid a global advance in the dollar following positive employment data in the United States, and negative prospects for the economy that kept investors away from risk assets.
The exchange rate was quoted at S/ 3,710 per dollaran advance of 0.32% compared to the end of the week, at S/ 3,698, according to data from the Central Reserve Bank of Peru (BCR).
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So far this year, the greenback accumulates a decline of 7.04% compared to the last price of 2021, at S / 3,991.
“The day did not have much flow, since only US$ 128 million were negotiated. The flow of demand came from non-residents, while the supply came from corporations. The BCR intervened by placing 3-month currency swaps for S/ 195 million at a rate of 1.43%”, said Asvim Asencios, Foreign Exchange trader for Renta4 SAB.
On the other hand, in the parallel market or the main exchange houses, the dollar it is bought at S/ 3,690 and it is sold at S/ 3,715, according to the portal cuantoestaeldolar.pe.
At the regional level, most regional currencies and stock markets fell on Friday, amid a global advance in the dollar following positive employment data in the United States, and negative prospects for the economy that distanced investors from risk assets.
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According to the Archyde.com agency, the dollar rose once morest a basket of currencies on Friday, following a better-than-expected US employment report pointed to a tight job market that might prompt the Federal Reserve to move forward with interest rate hikes.
Nonfarm payrolls rose by 390,000 last month, the Labor Department said in its jobs report on Friday, closely watched by markets. Economists polled by Archyde.com had forecast payrolls to rise by 325,000 in May.
Meanwhile, stock markets fell weighed down by Wall Street, following negative economic prospects made by the CEO of Tesla, Elon Musk, who outlined plans to lay off 10% of his staff.
US stock indices fell dragged down by shares in Apple and Tesla, while the strong jobs report supported the view that the Federal Reserve will continue its aggressive policy of tightening to cool decades-old inflation.
