Exchange rate: Dollar closes with a slight rise at S / 3,934

The price of the dollar in Peru closed higher on Monday, in line with markets in the region and amid a global advance in the dollar.

The exchange rate It traded at S / 3,934 today, a slight rise of 0.07% compared to Friday’s close, at S / 3,931, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decrease of 1.42% compared to the end of 2021, at S / 3.991.

During the day, the currency fell to S / 3,918, but then erased its losses and ended the session on the rise, after an intervention by the BCR.

The issuing entity placed one-month term repos for S / 99.9 million at an average rate of 3.29%. In addition, interest rate swaps were placed for a term of three months for S / 50 million at a rate of 2.90%.

At the regional level, according to the Reuters agency, the main currencies of Latin America depreciated on Monday amid the rise in the dollar and the expectation of an increase in interest rates in the United States in the coming weeks, while coronavirus infections increase globally due to the highly contagious omicron variant.

The International Monetary Fund said emerging economies should prepare for US rate hikes, warning that faster-than-expected cycles could shake financial markets and trigger capital outflows and a depreciation of their currencies.

The region’s stock markets were also operating in negative territory, in line with the main Wall Street indices that opened lower due to the falls of the heavyweights of the technology sector in response to expectations about a scenario of high interest rates.

On the other hand, in the parallel market or the main exchange houses, the dollar It was bought for S / 3,910 and it was sold for S / 3,950, according to the portal Cualestaeldolar.pe.