The price of dollar in Peru ended upwards this Saturday, in a day marked by fears of a global recession and pessimism by the slow development of drugs to treat the coronavirus (COVID-19).
The exchange rate ended today at S / 3,400 in the interbank market, an increase of 0.55% compared to S / 3,381 at the close on Thursday, according to data from the Central Reserve Bank (BCR).
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Investors were concerned by reports showing the serious impact of business and activity closings. Added to this were the low expectations from reports that the experimental drug from the Gilead firm to treat patients with COVID-19 did not give good results in clinical tests.
Towards the middle of the session, the good spirits of investors faded, who were briefly expectant about the enactment of the United States economic aid package for businesses and hospitals, as a measure to mitigate the impact of the pandemic.
At the local level, the Peruvian government announced on Thursday the extension of the national state of emergency and the mandatory social isolation (quarantine) to contain the advance of the coronavirus, which motivated purchases of safe assets such as the dollar due to uncertainty about the economy.
Analysts today forecast higher demand for the greenback for weekend hedges.
In the parallel or informal market, the exchange rate is quoted at S / 3,395 per sale.
In the parallel or informal market, the exchange rate the sale is quoted at S / 3,395.
What is the covid-19?
Covid-19 is the infectious disease that was discovered in Wuhan (China) in December 2019, following the outbreak of the virus that began to end the lives of large numbers of people.
The International Committee on Virus Taxonomy designated the name of this new coronavirus as SARS-CoV-2.
What are the symptoms of the new coronavirus?
Among the most common symptoms of covid-19 are: fever, tiredness and dry cough, although body pain, nasal congestion, runny nose, sore throat and diarrhea have been detected in some patients. These discomforts can be mild or appear gradually; However, there are cases in which people become infected, but do not develop any symptoms, said the World Health Organization (WHO).
In addition, the entity announced that 80% of people who acquire the disease recover without taking special treatment, 1 in 6 cases develops a serious illness and has difficulty breathing, older people and those with underlying medical conditions ( high blood pressure, heart problems, or diabetes) are more likely to develop serious illness, and only 2% of those who contracted the virus died.
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