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Today, Thursday, September 1, the dollar in Peru begins a monthly increase for the second day in a row.
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 today in Peru
The exchange rate in Peru rose from S$3,855 to S$3,869 at the interbank level this afternoon, the Central Reserve Bank (BCR) said.
At the end of this session quote dollars rose more than 0.30% in the Peruvian market.
Despite this result, BCR has calculated that the exchange rate in Peru is still 3.06% lower than reported at the end of 2021.
Why did the dollar rise?
On this day, a greater aversion was reported for risky assets, that is, currencies such as Latin American, which spurred dollar in world markets.
This trend came amid renewed fears of a global recession due to a steady rise in global interest rates.
According to Reuters, the data was published this Thursday in USAwhich showed that there is still room for the Fed to raise rates aggressively to dampen inflation.
“The US currency strengthened after a government report showed that the number of Americans filing new jobless claims fell even further last week in line with strong demand for workers and tough labor market conditions,” Reuters said.
Analysts say it won’t be surprising if the dollar hits a new record as a result of safe haven flows from global economic weakness and the resilience of the US economy, which allows the Fed to remain aggressive.
Dollar price for buying and selling
The platform, how much is the dollar.pe, reports that money changers they buy the dollar at S/3.85 and sell it at S/3875 on average.
At digital exchanges, a green ticket is bought for about S/3.85 and sold for about S/3.88.
Finally, it is assumed that banks It is estimated that the buying price of a dollar is between SGD 3.78 and 3.83 and the selling price is between SGD 3.89 and 3.95.
Keep in mind that this rate will be maintained until 09:00 tomorrow, when movement in the Peruvian foreign exchange market resumes.
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.