The price of dollar It started the day with a surge this Thursday, November 3, reaching S/3.9697, according to data from the Bloomberg agency. In doing so, it rose 0.44% against S/3.9525 at the end of Wednesday, according to the Central Reserve Bank of Peru (BCRP) report.
At 9:20 am the greenback was trading at S/3.95 for buy and S/3.98 for sell on the parallel market. On the other hand, on the banking market, it reached 3,896 S/ when buying and 4,076 S/ when selling at the counters of the Banco de Credito del Peru.
Fed Chair Jerome Powell on Wednesday made it clear that he will not let up in his fight against inflation after raising interest rates for a fourth consecutive month.
“We still have a long way to go and the data received since our last meeting suggests that the final rate level will be higher than expected,” Powell said after central bank policymakers voted to raise interest rates by more three quarters of a year to raise point.
While the British pound has been on a firmer footing since the appointment of new Prime Minister Rishi Sunak, Wall Street sees more vulnerability over the next 12 months.
The Bank of England raised interest rates by 75 basis points on Thursday, its largest single hike since 1989, but struck a dovish tone as policymakers sought to dampen market expectations of further monetary tightening.
With information from Renta4.