Dollar closes at S / 3,855 on Thursday and reaches a new minimum price in seven months

The price of the dollar in Peru ended the day on Monday lower, and touched a new minimum of more than seven months, while the markets of the United States remained closed for a holiday. The exchange rate closed at S/ 3.855 per dollar, a drop of 0.43% compared to Friday’s close, at S/ 3.872, according to the Central Reserve Bank of Peru (BCR).

This result means a new minimum of more than seven months, since last June 9, 2021 it was quoted at S / 3,850.

So far this year, the greenback accumulates a decline of 3.40% compared to the end of 2021, at S / 3,991.

During the exchange session, the issuing entity auctioned certificates of deposit with a three-month variable rate for S/ 700 million at an average margin of 0.04%.

Globally, US markets are closed for a holiday, but S&P 500 futures were up 0.2% and Nasdaq futures were up 0.1%.

According to Reuters, expectations that major Western central banks will tighten monetary conditions to combat inflation have generally prevented stocks from gaining further gains at the start of this year and investors are shifting positions from the growth segment to papers more sensitive to market value.

Investors will be keeping a close eye on corporate earnings this week, which will need to be very robust to avoid a drop in confidence. Goldman Sachs, BofA, Morgan Stanley and Netflix will report their results in the coming days.

In the fixed income market, after the yield on the 10-year US Treasury bond hit a two-year high last week, benchmark yield futures were up 1.85% by midday Monday.

Meanwhile, the index dollar it was up 0.1% on the day at 95.329, holding on to its recent bounce. The euro was trading at $1.1396.

On the other hand, in the parallel market or the main exchange houses, the dollar it was bought at S/ 3,835 and sold at S/ 3,880, according to the portal quantumestaeldolar.pe.