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Dollar price: What is the closing price today, Friday, August 19?

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

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Today, Friday, August 19, the dollar in Peru closed the day with new growth.

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

How much is a dollar worth in Peru today

This afternoon, the Central Reserve Bank (BCR) reported that the exchange rate in Peru rose from S$3,844 to S$3,864 at the interbank level.

At the close of this session, the price U.S. dollar showed a significant increase of approximately 0.50% in the Peruvian market.

Based on this result in the foreign exchange market, BCR calculated that the exchange rate is 3.17% lower than reported at the end of 2021.

Why did the dollar rise?

Globally, the dollar hit a five-week high, given the likelihood that the US Federal Reserve (Fed) will continue to raise interest rates to fight inflation.

The US central bank authorities have indicated that it is necessary to continue to raise borrowing costs in order to tame inflation which is at multi-decade highs, but they keep arguing about how fast and how high to get them up.

“Fed futures traders estimate 54% expect the Fed to raise rates by 50 basis points in September and 46% expect a 75 basis point hike,” Reuters reported.

Dollar price for buying and selling

The platform, how much is the dollar.pe, reports that money changers they buy the dollar at S/3.84 and sell it at an average of S/3.88.

Whereas at digital exchanges, a green ticket is bought for about S/3.85 and sold for about S/3.87.

Besides, in banks It is estimated that the buying price of a dollar is between SGD 3.78 and 3.86 and the selling price is between SGD 3.90 and 3.97.

Source: RPP

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