Dollar price closed lower amid investor optimism for global economic recovery nndc | Markets

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Updated on 06/01/2020 at 15:29

The price of the dollar in Peru closed lower, weakening against the rest of the currencies in the region, which expanded gains focused on the illusion of economic recovery, after long periods of quarantine caused by the new coronavirus.

The exchange rate closed at S / 3,423 in the interbank market, representing a drop of 0.2% compared to S / 3.43 in the previous session, according to figures from the Central Reserve Bank of Peru (BCR).

In addition, according to the issuing entity, the foreign currency touched a maximum of S / 3,425 during the day and a minimum of S / 3,412, during the exchange session.

At the international level, the sentiment of the agents left in the background concerns about the tense relations between the United States and China. Thus “eOptimism continues to prevail, investors seem convinced that the worst phase of the economic crisis caused by the coronavirus has ended “, according to ActivTrades.

In that sense, he added that despite the president’s threats, the United States did not withdraw from the Phase One trade agreement with China, which added more strength to the feeling of risk.

On the national scene, the selective index of the Peruvian stock exchange rose 0.56%, driven by a rise in the shares of gold miner Buenaventura and financial holding company Credicorp, Reuters reported.

In the parallel market or exchange houses in Lima, the dollar was quoted at S / 3,445 for sale and S / 3,415 for purchase.

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