Exchange rate: Global drop in the dollar makes it trade at S / 3,891

According to the criteria of

The price of the dollar in Peru closed lower again on Thursday, amid a global decline in the dollar and growing expectations that the US Federal Reserve will start raising interest rates from March.

The exchange rate traded at S / 3,891 per dollar, a decrease of 0.15% compared to the closing of Wednesday, in S / 3,897, according to the Central Reserve Bank of Peru (BCR).

LOOK: Mining exploration: Are there the conditions to invest in Peru?

So far this year, the greenback accumulates a decline of 2.50% in contrast to the end of 2021, at S / 3.991.

During the day, repos were placed to provide dollarIt is for a two-week term for US $ 50 million at an average rate of 0.30%.

In addition, the issuing entity auctioned certificates of deposits with a variable rate at three months for S / 500 million at an average margin of 0.04%; as well as one-month certificates of deposits for S / 408.2 million at an average interest rate of 2.99%.

ALSO READ: IBM: What are hybrid clouds and why is their demand growing among Peruvian companies?

Globally, according to the Archyde.com agency, the main currencies of Latin America were operating unevenly on Thursday, amid the fall of the dollar and growing expectations that the US Federal Reserve will start raising interest rates starting in March.

The U.S. Federal Reserve could start raising interest rates from their current near-zero level in March and may have to increase borrowing costs throughout this year to help curb inflation, it said Thursday. Philadelphia Fed Chairman Patrick Harker.

FIND IN ECONOMY: Huawei expects to grow 50% by e-commerce in Latin America and will open more stores in Peru

The dollar it continued to trade lower, hovering around two-month lows, after the month-on-month inflation rate in the United States turned out less robust than expected, prompting investors to cut their long positions in the currency.

Stock markets in the region rose in line with major Wall Street indices that opened higher after weaker-than-expected producer price data eased concerns about a faster pace of interest rate hikes by the Federal Reserve.

On the other hand, in the parallel market or the main exchange houses, the dollar It was bought at S / 3,875 and sold at S / 3,920, according to the portal cuantoestaeldolar.pe.