During the early hours of Thursday, February 8, the dollar in Peru operates lower, with the markets waiting for signals from the Federal Reserve on interest rates.
The exchange rate started the day at S/ 3,841 per dollar, a slight drop compared to Wednesday’s close of S/ 3,842, according to data from the Bloomberg Agency.
So far this year, the greenback has accumulated a decline of 3.64% compared to the last quote in 2023, at S/ 3,807.
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Parallel market
In the parallel market or the main exchange houses, the dollar is bought at S/ 3,853 and sold at S/ 3,858, according to data from the portal cuantoestaeldolar.pe.
Likewise, the average price in the banking market is S/ 3.84 for purchase and S/ 3.87 for sale.
READ ALSO: After a scare from the Fed, how will the dollar and the stock market react in Peru?
Dollar globally
Latin American currencies operated with losses in the first hours of business the previous day, waiting for signals from the Federal Reserve on interest rates; while Argentina’s markets plummeted after a defeat of a bill promoted by the Government in Congress.
At a general level, the schedule for rate cuts in the United States did not become clearer after the regional presidents of the Federal Reserve, Loretta Mester and Neel Kashkari, congratulated themselves on progress on inflation, but noted that there was still work to be done. to be done before monetary policy can be relaxed.
Speeches by other leaders of the US central bank were scheduled throughout the day, including Adriana Krugler, Susan Collins, Thomas Barkin and Michelle Bowman.
“It is very likely that they will express messages similar to those mentioned yesterday by their colleagues, commenting that the North American economy is evolving better than expected, which will contribute to cooling expectations of early rate cuts,” said the firm CIBanco in a note. analysis.
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