The price of the dollar closed the day on Tuesday, July 12, and reached S / 3.9680, the second highest price so far in 2022, surpassed only by S / 3.9725 on January 4. In today’s session, the greenback advanced 0.19% compared to S/ 3.9605 reached on Monday, according to the Central Reserve Bank (BCRP).
At 2:05 pm, in the parallel market, the US currency was bought at S/ 3,940 and sold at S/ 3,980. On the other hand, in the banking market, the purchase was quoted at S/ 3,889 and the sale at the Banco de Credito (BCP) windows.
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Today there were expirations of Exchange Rate Swaps for S/100 million. The BCRP intervened in foreign exchange swaps for S/ 300 million at an average rate of 2.07%; S/ 300 million at an average rate of 3.61%, Currency Repo for S/ 200 million at an average rate of 6.71% and sold US$ 12 million at an average exchange rate of S/ 3.9920.
During the day, the demand came from offshores, making the dollar reach its highest price this year S / 3.9920, while the offer came from corporates. US$ 210 million were traded at an average price of S/ 3.9740, according to Allisson Pérez, Foreign Exchange Trader at Renta4 SAB.
“On a global level, the EUR/US$ resemble the same value, which makes the dollar continue to strengthen. The depreciation of the EUR occurs, as fear grows in the European markets due to the approaching recession, since Europe is the continent that is suffering the economic consequences, even so the European Central Bank is reluctant to increase the interest rate ”, Perez pointed out.
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