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Today, Tuesday, October 11, the price of the dollar in Peru again closed higher.
Next, get to know exchange rate in the interbank market and the price of purchase and sale in exchange offices, exchange offices and financial organizations.
How much is a dollar worth today in Peru
According to the Central Reserve Bank (BCR), quote The US dollar rose from S$3,965 to S$3,975 at the interbank level.
By the end of the day, the price of the dollar in the Peruvian market rose by 0.25%, which was the second weekly increase.
Despite the result recorded today, BCR believes that by 2022. exchange rate this is still 0.40% below the price announced at the end of last year.
Why did the dollar rise?
On Tuesday, Reuters reported that dollar rose globally on fears of a possible upcoming increase in US interest rates.
The US dollar is reported to be gaining ahead of a key US inflation report due later this week that could show strong price pressure.
If the aforementioned report shows an increase in inflation, the expectation of a new rate hike from US Federal Reserve System (FRS).
“Last Friday’s US jobs report was quite strong and a huge blow to anyone looking for a Fed reversal anytime soon. The Fed should keep the gas pedal on and make it clear that the economy is still too strong, including the labor market. and inflation,” said Mazen Issa, senior currency strategist at TD Securities in New York.
The price of the dollar was also driven by geopolitical tensions as it was reported that Russia continued attacks on Ukrainian cities in retaliation for an explosion that damaged the only bridge connecting Russia to the annexed Crimean peninsula.
Dollar price for buying and selling
According to the dollar.ne platform, today money changers buy dollars at S/3.95 and sell at an average of S/3.98.
At digital exchanges, the green ticket is considered to be bought at around S/3.96 and sold at around S/3.98.
In addition, banks report that exchange rate for buying, it fluctuates between S / 3.80 and S / 3.94, and for selling – between S / 3.99 and S / 4.06.
It is worth noting that this dollar price will remain in this range until 09:00 the next day, when the exchange market starts again in Peru.
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.