Exchange rate: Dollar closes day lower

The dollar price in Peru closed lower on Tuesday, after the greenback hit a 20-year high globally the day before. The exchange rate ended at S/3.791 per dollar, a decrease of 0.86% compared to Monday’s close of S/3.824, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 5.01% compared to the last price of 2021, at S / 3,991.

During the day, six-month interest rate swaps were placed for S/50 million at an average rate of 5.77%. In addition, the BCR placed repo securities overnight for S/300 million at a rate of 4.81%.

On the other hand, in the parallel market or the main exchange houses, the dollar is bought at S/3,770 and sold at S/3,820, according to the portal cualestaeldolar.pe.

At the regional level, the battered currencies and stock markets of Latin America took a breather on Tuesday and recovered part of the heavy losses they recorded the day before, but the instability of the world economy kept investor confidence and the dollar fragile. it was still seen as a haven.

According to the Reuters agency, after a slight fall, the dollar index, which measures the US currency against a basket of six currencies, registered a slight advance and remained close to its maximum in 20 years.

“The war between Russia and Ukraine, along with the quarantines in China, have greatly damaged supply chains, generating inflation, driving the dollar higher”Luis Alberto Reyes, an analyst at Mercados G, said in a statement.

“At least five of the United States central bank’s top policymakers will make public appearances on Tuesday and their comments may show whether they are still focused solely on reining in inflation or whether the prospect of a global slowdown is beginning to force a rethink.”he added.