Updated on 02/13/2020 at 4:52 PM
The dollar price in Peru It ended on the rise before a scenario in which the news about the spread of the coronavirus epidemic in China was offset by positive economic data in the United States.
In this context, the exchange rate in the interbank market It is quoted at S / 3,385, according to information from the Central Reserve Bank of Peru (BCR). This figure is below the S / 3,379 negotiated at the end of the previous day, according to the same entity.
The operations denoted a widespread reaction to the sharp increase in the number of deaths and infected by the coronavirus in China, which sowed nerves to the markets and slowed the advance of the stock exchanges, while driving up the price of government bonds and gold.
However, solid economic data published in the United States prevented bond yields from falling further, said Andrew Richman of SunTrust Advisory Services, as investors bet against an extreme economic impact due to the epidemic in China.
“Clearly, the United States is not in recession, Europe is not getting worse and that is balancing the terrible news from China,” Richman said. Regarding the eventual economic impact of the epidemic, “nobody has it completely clear,” he said.
In the parallel market or exchange houses, the dollar price It is S / 3,385.