Today, Tuesday, August 2, the dollar in Peru closed the day with a higher price.
Next, get to know exchange rate in the interbank market and the sale price in exchange offices and financial institutions.
How much is a dollar worth in Peru today
The Central Reserve Bank (BCR) said that the exchange rate in Peru fell from S$3,895 to S$3,926 at the interbank level this afternoon.
Based on this result, it is assumed that price in dollars rose more than 0.70% in the Peruvian market. Thus, the dollar has recovered from yesterday’s losses.
This rise in the dollar came around the world due to tensions between the US and China after US House President Nancy Pelosi’s visit to Taiwan.
Despite the increase, BCR calculated that quote US dollar is 1.63% lower than reported at the end of 2021.
The dollar rose all over the world
This Tuesday dollar rose globally on the back of risk aversion fueled by economic uncertainty and growing tensions between the US and China.
In the morning, fears about the visit of the President of the US House of Representatives Nancy Pelosi to Taiwan alerted investors.
A few hours before Pelosi’s arrival in Taiwanas part of an Asia tour, China warned not to enter the territory and pay for “undermining China’s sovereignty and security”.
According to Reuters, these geopolitical tensions have heightened investor interest in safe haven assets such as the dollar.
“Markets are under pressure. Pelosi’s visit causes nervousness in the market (…) dollar rises, gold rises. What we’re seeing is a flight to safety,” Peter Cardillo, chief market economist at Spartan Capital Securities in New York, told Reuters.
At the same time, it was indicated at the beginning of the day that the dollar index, which measures the currency against six other major currencies, rose by 0.5%.
Dollar price for buying and selling
The platform, how much is the dollar.pe, reports that money changers they buy the dollar at S/3.90 and sell it at S/3.93 on average.
Whereas at digital exchanges, a green ticket is bought at around S/3.91 and sold at around S/3.94.
Besides, in banks It is estimated that the buying price of a dollar is between SGD 3.81 and 3.88 and the selling price is between SGD 3.98 and 4.01.
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.