The dollar closes higher at S / 3,790 today, Tuesday, March 1

The price of dollar in Peru closed higher on Tuesday, in line with markets in the region due to greater risk aversion linked to the conflict between Russia and Ukraine.

The exchange rate the session ended at S/3,790 per dollaran advance of 0.21% compared to Monday’s close, at S/3,782, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 5.04% compared to the last price of 2021, at S / 3,991.

“During the day the flow of demand came from the corporate side and supply from the AFPs, the national currency had a mixed behavior and continued to depreciate around a level of uncertainty at the local and international level, pending the meeting tomorrow where Russia and Ukraine negotiations will resume”, pointed out Asvim Asencios, a trader at Divisas en Renta4 SAB.

In the local market, US$ 158 million were negotiated at an average price of S/3.7928. Today the BCR intervened with a currency repo for S/300 million at an average rate of 4.91%.

On the other hand, in the parallel market or the main exchange houses, the dollar It was bought at S/3,760 and sold at S/3,800, according to the portal, how much is the dollar.pe.

At a regional level, most Latin American markets traded with a bearish bias on Tuesday, marked by persistent global risk aversion in the face of the crisis among Russia and Ukraine.

According to the Reuters agency, the agents were watching the latest news, where a column of Russian armored vehicles was moving over the capital Ukrainena, Kiev, and the invasion forces fired volleys of rockets into the center of the country’s second largest city, on the sixth day of Russia’s assault on its neighbor.

“Today the currencies of Latin America are depreciating with an index of dollar strongest globally. Russia responds to sanctions by temporarily preventing foreign investors from selling Russian assets. These sanctions make it difficult for global banks to trade with Russian banks and vice versa, in this way there are two foreign exchange markets for the ruble, one local and one international”, explained Asencios.