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The price of the dollar in Peru: the exchange rate falls again on the basis of today, August 11

The price of the Peruvian dollar TODAY according to BCR. | Font: Andean

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Today, Thursday, August 11, the dollar in Peru closed the day with a fall for the second day in a row.

Next, get to know exchange rate in the interbank market and purchase and sale prices in exchange offices, exchange offices and financial organizations.

How much is a dollar worth in Peru today

The Central Reserve Bank (BCR) said that this afternoon the exchange rate in Peru fell from S/3.89 to S/3.87 at the interbank level.

At the close of this session, the price U.S. dollar presented a significant decline of more than 0.60% in the Peruvian market.

Following this result in the foreign exchange market, BCR calculated that the price of the dollar in Peru is 2.96% lower than reported at the end of 2021.

It is worth noting that this fall in the dollar comes after the Bureau of Labor Statistics announced that inflation USA fell in July, mainly due to falling gasoline prices.

Why did the dollar fall today?

On that day, Reuters reported that most Latin American currencies closed higher against dollar.

Globally, the dollar index is down about 0.1% against a basket of six major currencies, but why?

The value of the dollar fell globally after expectations of aggressive rate hikes cooled. USA.

The dollar fell on Thursday, a day after a report showed that US inflation was not as high as expected, prompting traders to lower expectations of a future rate hike by the Federal Reserve.

Considering this, investors cut bets on the possibility of the Fed raising rates by 75 basis points for the third time in a row at its meeting in September.

“Risk appetite has intensified in the financial world due to the prospect of monetary policy less restrictive by the Federal Reserve,” Corpay chief market strategist Carl Chamotta told the agency.

Dollar price for buying and selling

The platform, how much is the dollar.pe, reports that money changers they buy the dollar at S/3.86 and sell it at S/3.90 on average.

While in digital exchange offices, a green ticket is bought at about S / 3.87 and sold at about S / 3.90.

Besides, in banks It is estimated that the purchase price of a dollar is between 3.79 and 3.85 shillings, and the selling price is between 3.94 and 3.97 shillings.

Source: RPP

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