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This morning on Tuesday, July 12, the dollar in Peru represents the price of S / 3.96 at the interbank level.
quote This morning corresponds to the close of yesterday’s exchange session, Monday, July 11, when the exchange rate closed with a strong increase.
It is estimated that on the last recorded day the price of the dollar rose by about 1.30% in the Peruvian market.
The price of the dollar is at its highest level since the beginning of January, that is, it is the highest price in more than six months.
With this result, Central Reserve Bank (BCR) calculates that so far in 2022 the exchange rate is 0.76% lower than what was recorded at the end of the previous year.
Why did the dollar rise?
Yesterday demand for dollarsas a safe-haven asset has been boosted by the worrisome global economic outlook.
Reuters pointed out that high inflation and the possibility of a recession, coupled with falling oil prices, caused the dollar to rise and Latin American currencies to devalue.
Some of the region’s currencies most affected by this dollar growth were the currencies of Chile and Colombia, as they hit record lows.
“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 to buy and sell?
The latest report on how much a dollar is worth. dollar The average purchase price is SGD 3.92 and the selling price is approximately SGD 3975.
In addition, digital exchangers assume that the USD buy price is SGD 3.94 on average and the sell price is SGD 3.97.
Remember that this morning price in dollars There are no changes yet, as the price will begin to change as soon as today’s session starts at approximately 9:00.
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.