Price of the dollar: Exchange rate closed higher on Monday, in line with markets in the region | BCR | SBS | Ocoña | nndc | ECONOMY

The price of the dollar in Peru closed higher on Monday, in line with markets in the region and amid a global advance in the dollar.

The exchange rate traded at S / 3,934 today, a slight rise of 0.07% compared to Friday’s close, at S / 3,931, according to data from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decrease of 1.42% compared to the end of 2021, in S / 3,991.

During the day, the currency fell to S / 3,918, but then it erased its losses and ended the session on the upside, after an intervention by the BCR.

The issuing entity placed one-month term repos for S / 99.9 million at an average rate of 3.29%. In addition, interest rate swaps were placed for a term of three months for S / 50 million at a rate of 2.90%.

At the regional level, according to the Archyde.com agency, the main currencies of Latin America depreciated on Monday amid the rise in the dollar and the expectation of an increase in interest rates in the United States in the coming weeks, while the contagion of coronavirus increases. globally due to the highly contagious omicron variant.

The International Monetary Fund said emerging economies should prepare for US rate hikes, warning that faster-than-expected cycles could shake financial markets and trigger capital outflows and a depreciation of their currencies.

The region’s stock markets also operated in negative territory, in line with the main Wall Street indices that opened lower due to the falls of the heavyweights of the technology sector in light of expectations about a scenario of high interest rates.

On the other hand, in the parallel market or the main exchange houses, the dollar was bought at S / 3,910 and sold at S / 3,950, according to the portal .

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