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This morning this Monday, August 22, the dollar in Peru represents the price of S/3864 at the interbank level.
quote this morning is the same as at the close of the exchange session last Friday, August 19, when the dollar rose significantly.
During the last session, the rate on the Peruvian market closed up by 0.50%.
With such an increase in the price of the dollar, the Central Reserve Bank (BCR) indicates that so far in 2022 the exchange rate is still 3.17% below what was recorded at the end of 2021.
Why is the dollar rising?
Last Friday, Reuters reported that the global market dollar showed a five-week high and the biggest weekly gain since April 2020.
As they specified, this happened after investors corrected with the likelihood that the US Federal Reserve System (Fed) will continue to raise rates to fight inflation.
Fed officials mentioned last week that central bank The US needs to keep raising borrowing costs to rein in a decade of inflation while debating how quickly and how high to raise the benchmark interest rate.
“Fed futures traders rate at 54% the expectation that fed raise rates by 50 basis points in September and by 46% for a 75 basis point increase,” Reuters reported.
Dollar price for buying and selling
The latest report from the platform, how much dollar.pe is worth, points to money changers they buy the dollar at S/3.84 and sell it at an average of S/3.88.
While in digital exchange offices, a green ticket is bought at about S / 3.85 and sold at about S / 3.88.
It is worth noting 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.