Exchange rate: Know the price of the dollar. Today, Sunday, November 21, 2021

After two days of rise, the dollar closed with a downward trend on Friday in the last day of the week, although it still remains above the threshold of S / 4, while globally the greenback rose and was It was on track to close out a fourth straight week of earnings against its main rivals.

At the end of the operations, the price of the dollar It stood at S / 4.0090 in the interbank market, a lower level of 0.32% compared to the S / 4.0220 at the end of Thursday, according to data from the Central Reserve Bank (BCR).

The dollar It started the day appreciating and rose to S / 4.0275, but then it resumed a downward trend. The BCR intervened in the session with the placement of exchange swaps for S / 80 million to attenuate the volatility of the exchange rate.

Traders reported that the exchange rate has been rising in recent weeks due to the demand for dollarIt is in the exchange market amid the political noise and expectations that the rate hike by the Federal Reserve (Fed) may occur sooner than expected driven by inflation in the United States.

“Demand for dollaris that the exchange rate is pushing upwards again coincides with a stage of possible shocks between the Executive and Congress “said an operator.

After the resignation of Walter Ayala from the Ministry of Defense, the questions to the Executive focused on the Minister of Education, Carlos Gallardo, for irregularities in the application of the single National Test for the 2021 Appointment Contest. Legislators from several benches have said that will support an interpellation against the official.

Congresswoman Patricia Chirinos, from Avanza País, asked on Thursday in plenary session of Parliament for signatures for a vacancy motion against President Pedro Castillo. This, despite the fact that the president of Congress, María del Carmen Alva, ruled out this initiative during her presentation at the CADE 2021 business forum.

At the closing of said forum, Castillo reiterated that investors have all the guarantees to invest in the country.

Globally, the dollar it was shaping up to post its fourth consecutive week of gains amid a euro crash pressured by growing expectations that interest rates will rise faster elsewhere, particularly in the United States.

The index dollar, which compares the greenback to a basket of six prominent coins, is heading for a weekly profit of around 1%. Reuters reported that in Friday’s session it climbed 0.4% to 95,958 units, close to the 16-month high of 96,266 achieved on Wednesday.

With the result of the day, the dollar accumulates a gain of 10.78% against the sun so far in 2021, after closing at S / 3,619 last year.