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Dollar price in Peru: the exchange rate rises at the close today, Monday, August 22

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

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Today, on Monday, August 22, the dollar in Peru ended the day with a 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 3.86 S/3.86 to 3.88 S/S at the interbank level.

At the close of this session, the price U.S. dollar showed an increase of approximately 0.40% in the Peruvian market.

Despite this performance in the foreign exchange market, BCR calculated that exchange rate This is 2.73% lower than reported at the end of 2021.

Why is the dollar up today?

Reuters reported that this rise in the dollar was due to fears of a possible global recession as a result of higher interest rates to curb high inflation.

As stated, the dollar index that compares U.S. dollar with a basket of six major currencies, it rose to its highest level since mid-July.

This comes after the US Federal Reserve Board reaffirmed its aggressive stance on monetary tightening ahead of the Federal Reserve Symposium at Jackson Hole this week.

“Market attention this week will be on Fed Chairman Jerome Powell’s speech at the symposium on Friday,” Reuters said in a report today.

On the other hand, they indicated that the euro briefly fell below parity compared to dollar on Monday was resilient and was at a five-week low due to fears that a three-day shutdown of gas supplies to Europe at the end of the month could exacerbate the energy crisis.

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 an average of S/3.89.

Whereas at digital exchanges, a green ticket is bought at around S/3.87 and sold at around S/3.89.

It is worth mentioning that this exchange rate it will remain in this range until tomorrow at 09:00, when the currency market in Peru starts moving again.

Source: RPP

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