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Exchange rate: The dollar closed the day at S/3,731

The exchange rate ended at S/ 3,731, a decrease of 0.24% compared to Friday’s close, at S/ 3,740, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 6.51% compared to the last price of 2021, at S / 3,991.

“Today, US$ 219 million were traded at an average price of S/ 3,731. The flow of supply came from corporations and mining companies that have slowed down the depreciation of the sun, while the demand came from the expiration of currency swap sales for S/ 690 million”, Asvim Asencios, Forex trader at Renta4 SAB.

“During the day there was not much movement in the market waiting for the debate for the vacancy that will start at 03:00 pm, although the market has already discounted that the congress does not reach the necessary votes to vacate the president”, he added.

On the other hand, in the parallel market or the main exchange houses, the dollar it is bought at S/ 3,720 and it is sold at S/ 3,755, according to the portal quantumestaeldolar.pe.

Regionally, most Latin American currencies and stock markets posted losses on Monday, amid heightened aversion to risky assets that fueled the dollar in global markets as it was seen as a refuge currency, while the markets remained attentive to the talks between Russia and Ukraine.

According to Reuters, the Kremlin said on Monday that peace talks between Russia and Ukraine could start in Turkey on Tuesday and said it was important that the talks take place face-to-face despite little progress in negotiations so far. .

Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan agreed in a phone call on Sunday that Istanbul would host the talks, which Ankara hopes will lead to a ceasefire in Ukraine.

The index dollarwhich compares the currency against a basket of six major currencies, gained about 0.4%.

Source: Elcomercio

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