The price of the dollar closed on the rise this Friday, July 8, and reached S/ 3.9090. Thus, it advanced 0.46% in relation to the close of Thursday when it stood at S / 3.8910, according to the Central Reserve Bank of Peru (BCRP).
At 1:45 pm in the parallel market, the US currency was trading at S/ 3,870 for purchase and S/ 3,910 for sale. Meanwhile, in the interbank market, it was bought at S/ 3,816 and sold at S/ 3,996 at the Banco de Crédito windows.
YOU CAN SEE: BCRP raises the reference interest rate to 6%
Today there was expiry of Currency Repo for S/ 200 million and Foreign Exchange Swaps for Sale were placed for S/ 470 million.
According to Gianina Villavicencio, brokerage manager of Divisas en Renta 4 SAB Peru, during the day there was upward pressure due to offshore demand, while supply came from local corporations and banks. US$ 270 million were traded in the market at an average price of S/ 3.9025.
At the local level, yesterday the BCRP raised the reference interest rate by 50 basis points, reaching 6.00% in an attempt to curb growing inflation and the rise in the exchange rate.
“Globally, the dollar continues to strengthen as US employment data showed more jobs were created than expected in June, raising expectations of another 75 basis point hike at the Fed’s monetary policy meeting. at the end of this month”, says Villavicencio.
#Price #dollar #rises #closes #week