The price of the dollar in Peru closed higher on Friday, erasing its initial losses, and in contrast to most currencies in the region.
The exchange rate ended the session trading at S/ 3,776, an advance of 0.96% compared to Thursday’s close, at S/ 3,740, according to the Central Reserve Bank of Peru (BCR).
So far this year, the greenback accumulates a decrease of 6.38% compared to the final price of 2021, at S / 3,991.
During the day, the issuing entity placed interest rate swaps for a term of nine months for S/ 25 million at an average rate of 4.28%. In addition, it auctioned one-month certificates of deposit for S/ 499.9 million at an average rate of 3.47%, and three-month variable-rate certificates of deposit for S/ 200 million at an average margin of 0.03%.
On the other hand, in the parallel market or the main exchange houses, the dollar is bought at S/ 3,750 and sold at S/ 3,790, according to the portal. cuantoestaeldolar.pe.
At the regional level, most Latin American currencies traded with gains on Friday, amid the recomposition of investor portfolios, as well as the rise in oil prices, an important generator of foreign currency in the region.
According to the Archyde.com agency, crude rose after the International Energy Agency (IEA) said that oil markets are tight.
To this was added the data on the consumer confidence index in the United States, which reached a level of 61.7 in February, a figure lower than expected by analysts, which counterbalanced the inflation data revealed in the previous session .
“The high inflation figure would normally support the dollar, reinforcing the idea that the Federal Reserve is going to tighten its monetary policy, but this seems to be only part of the picture”said Ricardo Evangelista, senior analyst at ActivTrades.
“Against this backdrop, it appears that many investors moved to close out winning dollar positions following the inflation release, a dynamic that reversed early gains and paved the way for a volatile session in currency markets.”he added.