The price of the dollar in Peru closed higher on Tuesday, in the midst of a new political crisis generated by the resignation of Mirtha Vásquez as president of the Council of Ministers, and rumors that the cerronista wing of Peru Libre would return to the Executive.
The exchange rate ended the day trading at S/ 3,885 per dollar, an advance of 1.01% compared to Monday’s close, at S/ 3,846, according to the Central Reserve Bank of Peru (BCR).
So far this year, the greenback has recorded a decline of 2.65% compared to the end of 2021, at S / 3,991.
During the day, the Central Reserve Bank intervened on numerous occasions to stop the rise of the dollar due to domestic factors, despite the fact that the US currency was facing a global fall.
The BCR placed fixed rate exchange swaps for S/ 200 million at one year, at an average rate of 0.55%; in addition, for S/ 200 million at six months at a rate of 0.49%; and for S/ 300 million for six months at a rate of 0.45%.
It also placed currency repos for a term of one week for S/ 300 million at an average rate of 3.80%; and reso to provide dollars for a term of one week for US$ 11 million at an average rate of 0.30%.
On the other hand, six-month interest rate swaps were auctioned for S/ 50 million at an average rate of 3.94%; as well as readjustable certificates of deposits (CDR) for a term of two months for S/ 200 million at an average rate of 0.40%, and CDR for a term of two months for S/ 200 million at a rate of 0.34%.
Finally, before closing the session, the issuing entity sold US$ 20 million at an average exchange rate of S/ 3,884 per dollar.
At the regional level, most Latin American currencies traded higher on Tuesday for the second day in a row, taking advantage of the downward trend of the dollar globally, which renewed the appetite for risk assets in a respite for emerging markets.
The US currency correction comes on the heels of the previous week’s gains as investors recalibrate expectations around the pace of the Federal Reserve’s policy tightening.
On the other hand, in the parallel market or the main exchange houses, the dollar was bought at S / 3,855 and sold at S / 3,900, according to data from the portal cuantoestaeldolar.pe.