Dollar Exchange rate rises to the close due to fears of advance of COVID-19 nndc | ECONOMY

Updated on 01/13/2021 02:38 pm

The price of the dollar in Peru closed higher this Wednesday, amid the concerns of investors who sought refuge in the greenback due to the increase in cases of contagion of COVID-19.

At the end of operations, the exchange rate It was quoted at S / 3,616 in the interbank market, an increase of 0.13% compared to the S / 3,611 at the end of Tuesday, according to data from the Central Reserve Bank (BCR).

The greenback was located at the threshold of S / 3.60 at the beginning of the exchange day, a level not seen since last December 23, 2020, prior to the celebration of the end of the year parties.

However, fear dominated the market since half a session after the Ministry of Health (Minsa) confirmed that the country is already going through a “second wave” due to the increase in infections and the number of hospitalized patients.

Indeed we are already changing and at this moment the health system is receiving more patients and we are seeing that we are already going from a regrowth to a moment in which the number of cases is already increasing more rapidly, we are already in a second wave. So, we are in uncertainty“, Said yesterday Pilar Mazzetti, head of the Minsa, during the CADE 2020 business forum.

It is expected that the Presidency of the Council of Ministers (PCM) issue a statement this Wednesday, where new measures are announced to face the advance of the pandemic.

Markets in the region were mixed today, as investors watched for signs of a tax package and the progress of a possible impeachment process against the US president.

In the parallel market or exchange houses of Lima, the exchange rate is quoted at S / 3.605 for the purchase and S / 3.630 for the sale.

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