The dollar closed the day at its lowest level since June 2020 and was quoted at S/3,479, according to data from the Central Reserve Bank (BCR). This result was well below S/3,491 of the previous day.
With the closing of last Tuesday, the green ticket accumulates a 7.5% drop so far this year, and a 7.96% setback in 12 months.
The Currency Intermediation Manager4 SAB, Jimena Torres, explained that during the day US $ 373 million was negotiated in the spot market and pointed out that yesterday the green ticket even quoted at S/3,479.
He also noted that the result was influenced by the start of the two -day meeting of the United States Federal Reserve (Fed), where the expectation is that the Federal Open Market Committee (FOMC) announce a reduction of 25 -point rates, which would be the first of the year.
“The supply flow is once again relevant in the market while the Fed decision is expected. The attention will be in the words of Jerome Powell (president of the Fed), looking for clues about the rhythm of upcoming cuts. The meeting also comes after confirmation in the Stephen Senate look as a new member of the Federal Reserve,” he said.
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