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Markets: Dollar | Exchange rate operates upward due to an increase in contagion cases

The price of the dollar in Peru rose on Tuesday due to the increase in cases of coronavirus in the world and fears about the tensions between the United States and China after the enactment of a controversial security law for Hong Kong.

At 10:56 am, the exchange rate it was trading at S / 3,543 in the interbank market, up 0.37% compared to S / 3,530 at the close on Monday, according to Bloomberg data.

The markets of the region operated around the growing cases of contagion within the pandemic of coronavirus, as well as the renewed tension between state United and China.

Added to this was the drop in oil prices due to the possibility that Libya could resume its production of crude oil, while agents await key data on the economy of the United States and Europe.

Today is likely to be a busy trading session as investors are expecting a lot of important data, such as the launch of the European Union CPI, as well as the US Consumer Confidence Report.”, Pierre Veyret, technical analyst at ActivTrades, to the Reuters agency.

It is also likely that greater volatility will be detected (…), when the President of the Fed and the Secretary of the Treasury testify before the Chamber of Financial Services“He added.

In the parallel or informal market, the exchange rate was quoted at S / 3,555 per sale.

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