The dollar in peru closed higher, a day following the inflation reading raised expectations that the Federal Reserve may have room to reduce the size of its expected interest rate hikes.
The exchange rate ended the day at S/ 3,814 per dollar, an increase of 0.74% compared to Thursday’s close of S/ 3,787, according to the Central Reserve Bank of Peru (BCR).
In the market, US$ 442 million dollars were negotiated at an average price of S/ 3.8119, indicated Gianina Villavicencio, manager of Foreign Exchange Brokerage at Renta4 SAB.
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“During the day, the demand came from local corporations, with the dollar reaching a maximum level of S/ 3,816. There was maturity of exchange swaps for sale for S/ 725 million, renewing S/ 710 million to three months with an average rate of 4.90%“, he pointed.
So far this year, the greenback accumulates 0.18% compared to the last price of 2022, at S/ 3,807.
How much is the dollar in the parallel and banking market?
In the parallel market or the main exchange houses, the dollar is bought at S/ 3.79 and sold at S/ 3.82, according to data from the portal cuantoestaeldolar.pe
Likewise, the average price in the banking market stands at S/ 3,779 for purchase and S/ 3,784 for sale.
dollar globally
Most Latin American currencies fell amid a global dollar rally on Friday, a day following news broke that U.S. inflation fell for the first time in more than two years in December, raising the possibility that the Federal Reserve further reduce your pace of rate hikes.
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