Exchange rate: dollar traded lower amid less optimism about stimulus in the United States NNDC | ECONOMY

The exchange rate closed lower on Friday in the local market, on a day in which the Latin American markets reported uneven behavior as the appetite for risky assets decreased, amid less optimism about the stimulus plan in the United States and the growing number of cases of coronavirus contagion in the world.

At the close of operations, the price of the dollar stood at S / 3.5930 in the interbank market, a lower level of 0.06% compared to S / 3.5950 at the end of Thursday.

Globally, the dollar index added 0.2% against a basket of rival currencies at 90,867 units, although it was still within a short distance of a two-and-a-half-year low of 90,471 units.

Rising deaths in the United States have dampened enthusiasm for the COVID-19 vaccine. “Even if vaccine developments continue on track, investors lack clarity in the very short term, after recent data showed a mixed picture of recovery as virus cases and deaths continue to grow,” said Pierre Veyret , a technical analyst at ActivTrades, according to Reuters quotes.

Also influencing the markets were reports of strong differences in the United States Congress on a spending plan and a fiscal assistance program for the coronavirus that could extend a legislative agreement until after Christmas.

With the result of the day, the dollar accumulates an advance of 8.75% in the local market so far this year.

On the other hand, the exchange rate was trading at S / 3,580 for purchases and S / 3,610 for sales in the exchange houses and streets of the capital (parallel market) in the afternoon.