Dollar in Peru: Latest Updates on Forex Markets and Federal Reserve Policy Outlook

2023-06-06 14:10:39

The dollar in Peru opened higher as investors sought more clarity on the US Federal Reserve’s policy outlook,

The exchange rate began the day at S/ 3.6848 per dollar, an advance compared to Monday’s close of S/ 3.6810, according to data from the Bloomberg Agency.

So far this year, the greenback accumulates a decline of 3.31% compared to the last price of 2022, at S/ 3,807.

READ ALSO: Dollar falls for the fourth month in May, will this trend continue in June?

Parallel market

In the parallel market or the main exchange houses, the dollar is bought at S/ 3.665 and sold at S/ 3.69 according to data from the portal .

Likewise, the average price in the banking market stands at S/ 3,682 for purchase and S/ 3,688 for sale.

dollar globally

Most Latin American currencies rose the day before, buoyed by increased investor appetite for risky assets after strong economic data in USA y China last week and in the midst of a slight global reversal of the dollar.

The US services sector barely grew in May as new orders slowed, sending a measure of the prices companies pay for inputs to their lowest level in three years, something that could help the economy. Federal Reserve in its fight against inflation.

READ ALSO: Agreement on the US debt ceiling: How it affects the price of the dollar in Peru

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