The price of the US dollar in Peru opened higher on Wednesday, while the markets’ attention is focused on China due to possible new restrictions due to a resurgence of COVID-19 infections.
The exchange rate operates at S/ 3.85 per dollar, an advance of 0.26% compared to Tuesday’s close, according to the Bloomberg agency.
So far this year, the greenback accumulates a decline of 0.95% compared to the last price of 2021, at S / 3,991.
On the other hand, in the parallel market or the main exchange houses, the dollar is bought at S/ 3.83 and sold at S/ 3.86, according to data from the portal cuantoestaeldolar.pe.
Latin American currencies were mixed on Tuesday amid a global decline in the dollar, while most stock markets posted losses, with markets’ attention focused on China amid possible new restrictions due to more coronavirus infections. COVID.
According to Reuters Agency, the dollar was stabilizing on Tuesday, after rallying the previous day as investors flocked to the safe-haven currency on concerns about COVID outbreaks in China, while bitcoin came under pressure on fears of a new contagion after the collapse of the FTX crypto exchange.
“What’s happening in China will take center stage,” said Joseph Capurso of the Commonwealth Bank of Australia. “There seems to be some (…) increased restrictions on the movement of people, and I think there will be unavoidable economic impacts.”
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