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Markets: Dollar | Exchange rate closed lower on Tuesday, due to greater caution p

The price of the dollar in Peru closed lower on Tuesday, in a session in which the region’s markets behaved unevenly, given new confinement measures to deal with the coronavirus.

The exchange rate was quoted at S / 3,538, a 0.22% drop from Monday’s close, at S / 3,546, according to figures from the Central Reserve Bank of Peru (BCR).

So far this year, the greenback has accumulated a 6.76% rise, compared to the close of 2019, at S / 3,314.

In the parallel market or the main exchange houses, the dollar was bought at S / 3,525 and sold at S / 3,555, according to the website cuatoestaeldolar.pe.

At the regional level, the stock and currency markets began the session on Tuesday with a mixed trend, as investors returned to the dollar as a safe-haven asset as a precaution against new containment measures to stop the spread of the coronavirus.

Agents were reacting to decisions in places like Melbourne, where quarantine measures were again imposed to contain the COVID-19 outbreak, as Miami closed restaurants again as deaths from the pandemic exceeded those. 130,000 in the United States.

Added to this was German industrial data, which rose smoothly in May, deflating operator optimism and supporting the view that the recovery will be slow.

“Actually, the fall in the markets today is more of the same roller coaster as last month. In a central trend, June was an almost flat month for many equity indices, but what is maximizing is volatility ”said Fabio Nieto, chief economist at Banco Agrario.

“Julio starts in the same vein and is what we are going to continue seeing in the short term, a market obsessed with seeing an economic recovery in V, but a reality that shows that the recovery will continue to be modest and its speed extremely uncertain, subject to swing of the pandemic ”he added.

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