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The price of the dollar in Peru rose again this morning, Tuesday, July 12, according to Bloomberg.
During this day exchange rate represents a slight increase from the strong increase reported yesterday. Here are the changes that the US dollar registers:
Dollar exchange rate on Bloomberg
Bloomberg indicates that at 09:10 am exchange rate opened the session at S/3.98 at the interbank level.
But after almost an hour of the opening of the day, the dollar reduced its growth, trading at S / 3.96 in the Peruvian market.
During this morning, the dollar rose by 0.15-0.60% compared to what was recorded in the previous session, when the highest price since the beginning of January was reached.
note that exchange rate It will continue to fluctuate until the close of the day at 13:30, so it may rise even more or resume the downtrend.
Why is the dollar rising?
On this day, the dollar remains at a high level, maintaining strong demand due to expectations that the US Federal Reserve will continue to raise its interest rate.
Over the past few weeks U.S. dollar rose against the backdrop of cloudy outlook for the global economy and expectations of inflation data in the US.
“With inflation rates (in the US) projected to reach their highest levels in four decades, another 75 basis point interest rate hike is expected when the Federal Reserve makes its next rate decision, which will create headroom for further dollar appreciation. said Ricardo Evangelista, senior analyst at ActivTrades.
How much is a dollar worth today in Peru
The latest report from the platform, how much dollar.pe is worth, indicates that this morning money changers they buy the dollar at S/3.93 and sell at about S/3.98.
Whereas digital exchangers calculate that a green ticket is bought at S/3.95 and sold at S/3.98 on average.
Besides, in banks It is estimated that the buying price of a dollar is between SGD 3.70 and 3.83 and the selling price is between SGD 3.91 and 3.95.
Source: RPP
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.