The exchange rate falls after the statements of the president of the FED | Economy | The steps



[ad_1]

The exchange rate fell on Wednesday after three successive sessions on the rise, due to a reduction in dollar positions of banks after statements by the president of the Federal Reserve (EDF)Jerome Powell, on gradual increases in interest rates.

The dollar it fell by 0.18% to 3,376 pesos against 3,582 at the close on Tuesday, with activity of 502 million dollars.

During the day, AFPs and some companies also sold foreign currency for the payment of month-end bonds, officials said.

At the global level, the actions of Wall Street and Latin American currencies rose after Powell said that gradual rate increases were seeking to balance the risks for his economy. While the dollar It dropped 0.65% against a basket of currencies.

"The Fed He takes off the foot of the accelerator with rising rates, "said a local market officer.

In the informal market of Lima, the exchange rate He traded between S / 3.382 and S / 3.383 against S / 3.387 the previous day.

Reuters Agency

[ad_2]
Source link