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The exchange rate closed the week low on S / 3.3020 per dollar at the interbank level, a minimum of almost two months.

Strong fall

According Reuters the currency rose 1.4% in the week after climbing five sessions up against expectations that the The US Federal Reserve has cut rates this year.

The dollar fell 0.27% at its lowest level since May 3, compared to S / 3,311 at close on Thursday, with a traded amount of US $ 517 million.

So far this year the dollar has accumulated decrease of 1.99% compared to the advance of 4.05% in 2018.

During the session, the exchange rate was depreciated to S / 3,298 per share. sales of US currency from foreign investors, AFPs and local banks which reduced their positions.

Overall, the dollar index weakened 0.41% against a basket of reference currencies.


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