EconomyExchange rate ends day higher with markets awaiting news...

Exchange rate ends day higher with markets awaiting news from the Fed


- Advertisement -

The dollar price The US in Peru closed higher this Wednesday, with the markets awaiting the minutes of the last meeting of the Federal Reserve of the United States, in search of clues about monetary tightening.

The exchange rate The day ended at S/3.855 per dollar, an advance of 0.08% compared to Tuesday’s close, which stood at 3.852, according to information from the Central Reserve Bank of Peru (BCR). So far this year, the green ticket accumulates a 4.03% decline compared to the last price of 2021, at S / 3,991.

- Advertisement -

During the day, US$346 million was traded at an average price of S/3.85. The BCRP intervened by placing Sale Exchange Swap for S/700 million, indicated Asvim Asencios, Currency Trader at Renta4 SAB. In addition, today there were maturities of Currency Repo for S/400 million and Exchange Swap Sale for S/901 million.

The global dollar was lower after data showed business activity in the US weakened further in November for the fifth consecutive month. The DXY was trading at 106 at the close of the market, awaiting the Fed minutes. In the parallel market or the main exchange houses, the dollar is bought at S/3.84 and sold at S/3.87, according to data from the portal

- Advertisement -

The currencies and stock markets of Latin America exhibited a mixed behavior on Wednesday, in the midst of a global decline in the dollar and with the markets awaiting the minutes of the last meeting of the Federal Reserve of the United States, in search of clues. on monetary tightening.

After a headlong rush this year to raise interest rates, the Federal Reserve shifted this month to a more nuanced approach that was seen as a compromise among policymakers most concerned about high inflation and others concerned that further rate hikes Borrowing costs may weaken the economy or stress markets.

The minutes of the November 1-2 policy meeting, due to be released later on Wednesday, could show the extent to which a disagreement has begun to emerge at the US central bank, at a time when it has ended to the tendency to raise rates early and has started looking for a breakeven point with minor movements to stop them at some point.

Source: Elcomercio

- Advertisement -
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.


Please enter your comment!
Please enter your name here

Latest news

Iran: the joy of a historic triumph amid threats to knock out Bale’s Wales | CHRONICLE

Hours before the Guatemalan referee, Mario Escobar, whistled the start of the match between Iran and Wales for Group...

Bob Iger vs. Bob Chapek: Behind the war for the throne of the world’s largest media empire

It was like something out of a fantasy movie. The king in exile returns to right the wrongs...

Premier League: Saudi Arabia wants to buy Manchester United and Liverpool

Saudi Arabia will “undoubtedly” support its private sector bids to buy historic English clubs Manchester United or Liverpool, Saudi...

Reintegration of unvaccinated caregivers: Macron responds solution will be ‘scientific’

It's still not... at least not yet. Emmanuel Macron on Friday calculated that returning caregivers not vaccinated against...

First Qatar, then Iran: Human rights strain Germany’s relationship with the Asian world

The Soccer World Cup which since Sunday the 20th has been held in Qatar It was accompanied...

WhatsApp: the trick to share audio in your states from your iPhone

The instant messaging platform WhatsApp is developing a new feature that will allow its iOS users to share voice...

Must read

You might also likeRELATED
Recommended to you