Exchange rate closes higher at S / 4.06 despite the sale of US $ 120 million from the BCR

The price of the US dollar in Peru closed higher on Monday, amid investors’ concerns about the impact of the omicrom coronavirus variant on the global economic recovery.

At the end of operations, the exchange rate It was quoted at S / 4,062 per dollar in the interbank market, a rise of 0.41% compared to the S / 4.045 at the end of Friday, according to data from the Central Reserve Bank (BCR).

The BCR intervened in the session through sale exchange swaps (fixed rate) for S / 200 million for 9 months, at an average rate of 0.50%, for S / 200 million for 6 months, at an average rate of 0.34 % and for S / 200 million over 6 months, at an average rate of 0.38%. It also sold US $ 120 million to a exchange rate average S / 4.0595 per dollar in the spot market.

Global markets maintain fears about the new variant of the coronavirus and governments around the world are seeking more information about the latest mutation and its impact.

The omicron variant, first detected in southern Africa, triggered a selloff in financial markets on Friday for fear it would further disrupt the growing economic recovery after the two-year pandemic.

The World Health Organization (WHO) said it was not yet clear whether omicron, which has now been found around the world, is more communicable than other variants or causes more serious disease.

At the local level, the management of the President of the Republic, Pedro Castillo, will be put to the test again after the impact of an earthquake of magnitude 7.5 in the Amazon, which to date has left 5 people injured and 2,412 affected, according to the Institute National Civil Defense (Indeci).

On July 30, the Castillo Administration faced its first earthquake of great magnitude (6.5) when the city of Sullana (Piura) shook just two days after the inauguration of the president.

In the parallel market or exchange houses of Lima, the exchange rate The purchase price was S / 4,035 and the sale of each dollar.