Exchange rate closes at S / 4,094 amid optimism in the market

The price of the US dollar in Peru closed down in the session this Thursday, after Congressman Guido Bellido resigned the day before the Presidency of the Council of Ministers (PCM).

At the end of operations, the exchange rate It was quoted at S / 4,094 per dollar in the interbank market, a fall of 1.07% compared to the S / 4,138 at the end of Wednesday, according to data from the Central Reserve Bank (BCR).

Only yesterday the greenback had reached a new all-time high, after it also posted record levels in a row the previous week due to persistent political uncertainty.

With today’s result, the US currency is at a minimum level not seen since August 26, when it closed at S / 4,070.

Guido Bellido, who was in charge of the PCM for only 69 days, submitted his resignation amid various questions about his management after the clashes with the Legislative and threats to nationalize the Camisea gas.

Bellido’s departure sparked greater optimism and celebration in local markets, which now expect greater signs of confidence in the short term, according to traders.

The Council of Ministers will now be led by Mirtha Vásquez, former president of Congress for the period 2020-2021. Likewise, there are 6 other changes in the Labor and Employment Promotion, Culture, Education, Energy and Mines, Production and Interior portfolios.

Internationally, the greenback fell slightly although it remained close to its 14-month high as rising energy prices increase the risk that the Federal Reserve will act earlier to normalize its monetary policy.

In the parallel market or exchange houses of Lima, the exchange rate The purchase price of S / 4,080 and the sale of each S / 4,120 dollar.