The price of the dollar in Peru closed lower on Wednesday and touched a low of eight and a half months, after the restructuring of the ministerial cabinet, now headed by Aníbal Torres, and amid a retreat of the greenback.
The exchange rate traded at S / 3.805 per buck, a retracement of 0.82% against Tuesday’s price, at S/3.836, according to the Central Reserve Bank of Peru (BCR). The US currency today scored its minimum value for eight and a half months, when it traded to S / 3.755 on May 21, 2021.
Watch: Price of the Euro today, in Peru: know the quote for this, Wednesday, February 9
So far this year, the greenback accumulates a decrease of 4.66% compared to the end of 2021, in S/3.991.
The issuing entity avoided intervening today, and only auctioned overnight deposits for S / 10,744. 4 million at an average interest rate of 2.97%.
On the other hand, in the parallel market or the main exchange houses, the buck it was bought at S / 3,800 and sold at S / 3,840, according to the portal cuantoestaeldolar.pe.
Yesterday, Aníbal Torres, who served as Minister of Justice, assumed the presidency of the Council of Ministers, replacing the questioned Héctor Valer. The biggest surprise in the new ministerial cabinet was the departure of the head of Health, Hernando Cevallos, who was replaced by the Cerronista investigated for corruption Hernán Condori.
Globally, major central banks have become more belligerent in the face of tougher-than-expected inflation, driving up bond yields. According to Archyde.com, the yield on two-year US Treasury bonds reached its maximum since February 2020. The return of the German Bunds to 10 years dropped in the day, to 0.23%
Rising borrowing costs and signs of normalizing rates in Europe have boosted bank stocks and a subscript of these securities is at its highest level since 2018, with a sharp rise since Thursday’s European Central Bank meeting. In forex markets, the index buck remaining 0.14%; the euro rose 0.21%, to US$1.1438; and the yen dropped 0.10%, to 115.4300 units per buck.