Exchange rate: The dollar closed the day at S/ 3.76 | ECONOMY

The price of the dollar in Peru closed lower on Tuesday, following the Central Reserve Bank of Peru (BCR) raised its reference interest rate to 5%, a maximum of 13 years.

The exchange rate ended at S/ 3.76 per dollar, a decline of 0.21% compared to Monday’s settlement at S/ 3.773, 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 5.66% compared to the last price of 2021 at S / 3,991.

“During the day, there was downward pressure obtaining the lowest price of 3.7450, the offer came from corporates and AFP’s, while the demand came from offshore’s. US$ 262 million were traded on the market at an average price of 3.7580″says Allison Pérez, currency trader at Renta4.

It is worth mentioning that globally, the dollar depreciates due to increased interest in world stock markets for the deterioration of the safe-haven currency (USD). Likewise, the president of the FED, Jerome Powell, ruled out raising the interest rate by 75 basis points, but assured that in the next two meetings he will raise the interest rate by 50 basis points.

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On the other hand, in the parallel market or the main exchange houses, the dollar it is bought at S/ 3,745 and it is sold at S/ 3,780, according to the portal cuantoestaeldolar.pe.

At the regional level, most of the currencies and stock markets in Latin America operated with gains on Tuesday and maintained the positive evolution of recent days, amid a lower global aversion to risk assets that caused a significant decline in the dollar. in world markets.

According to Archyde.com, the dollar fell for the third day in a row on Tuesday as a surge in confidence in global markets encouraged investors to cut bets on the safe-haven currency, which hit a two-decade high last week. pass.

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