He dollar price In Peru it closed the session at S/3.365, with a drop of 0.21% compared to the previous close of S/3.372, despite the slight advance of the US currency internationally, with the DXY index rising 0.07%. The day was marked by volatility after the US consumer inflation data was released.
“The consumer inflation figures were in line with estimates and, added to the high wholesale inflation data known yesterday and the rise in US yields during the week, they have been leading the market to reevaluate its expectations towards a more restrictive Fed. Markets currently assign an 86% probability to a 25 basis point hike at the September 15-16 meeting.”explained Jorge Luis Huayta, FX trader at Kambista.
In international markets, oil fell at the end of the week, with WTI falling 2.28% after the strong advance registered in recent days due to tensions in the Middle East. In contrast, metals recovered: gold advanced 0.58%, silver 0.96% and copper 0.87%, providing support to the region’s currencies linked to these commodities.
In the local market, the Central Reserve Bank (BCR) maintained its reference rate at 4.25%, preserving the rate differential against the dollar and providing support to the sun. Added to this was the trade balance surplus of US$3,308 million in July, above the US$3,120 million expected, driven by the resilience of exports of metals such as gold and copper.
During the day, US$171.4 million were traded, a volume slightly lower than the daily average, and the exchange rate It fell from maximum levels of S/3,369 to S/3,362 in the hours close to closing.
“With a close at S/ 3.365, compared to S/ 3.364 last Friday, the dollar registered a slight weekly variation of 0.03%. During the week, the exchange rate moved in a range of S/ 3,353 to S/ 3,374“Huayta added.
