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Dollar today in Peru: how did the exchange rate close this Wednesday, March 15?

The price of the dollar in Peru closed today, Wednesday, March 15, 2023, with a value of S/3.8070, as announced by the Central Reserve Bank of Peru (BCRP).

The average price of the dollar on Wednesday, March 15, was S/. 3.8089 at the interbank level, with a minimum of S/ 3.8040 and a maximum of S/ 3.8130, according to BCR.

On the previous day, Monday the 13th, the green ticket closed with a value of S/3,798, An advance of 0.42% compared to Friday’s close, which stood at S/ 3.782.

In addition, according to what was indicated by the Superintendency of Banking, Insurance and AFPs (SBS), the exchange rate for that day was averaged for purchases at S/. 3,782 and for sale at S/. 3.789.

On the other hand, exchange houses and agencies presented the buying and selling exchange rate at S/ 3.78 and S/ 3.81, respectively; according to the portal cuantoestaeldolar.pe.

According to Asvim Asencios, Foreign Exchange trader at Renta4 SAB, internationally the dollar fell due to expectations that the Federal Reserve (FED) will be less aggressive with monetary policy to curb inflation.

“After the actions of SVB on Friday (Silicon Valley Bank) fell more than 81%, over the weekend they announced a series of measures to stabilize the banking system and stated that SVB depositors would have access to their deposits today”said Asencios.

What affected the price of the dollar in February?

The price of the dollar in the country maintained a stable behavior throughout the last week of February, keeping its value close to S/ 3.85, and it is due to the fact that the situation at the local level has not shown major variations, he pointed out. Matías Maciel, co-founder of Rextie.

“The difficult and tense climate on the social and political level persists hand in hand with continuous demonstrations in the capital and in the interior of the country. From an economic point of view, macro soundness shows no signs of suddenly weakening, nor has there been relevant news.”he pointed.



Source: Elcomercio

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