The price of the US dollar in Peru trades higher on Thursday, while the market awaits the presentation by the president of the Federal Reserve, Jerome Powell, hoping that he will reaffirm the policy of raising rates in terms of a slowdown.
The exchange rate operates at S/ 3,856 per dollar with an advance of 0.14% compared to Wednesday’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/ 3.84 and sold at S/ 3.86, according to data from the portal cuantoestaeldolar.pe.
Globally, after gains in overseas markets led by hopes of a reopening of China, Wall Street shares went in the opposite direction on Wednesday as investors were cautious ahead of a speech by the head of the US Federal Reserve, Jerome Powell.
MSCI’s broader index of Asia-Pacific excluding Japan stocks closed up 1.63% as traders welcomed the easing of COVID-19 restrictions in the Chinese city of Guangdong. European shares also gained ground after two sessions of falls.
US Treasury yields rose after data showed the world’s largest economy grew more than expected in the third quarter, reinforcing expectations that the Fed will keep raising interest rates well into 2023, albeit at a lower rate. somewhat slower pace.
Source: Elcomercio

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