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This morning on Tuesday, October 11th, dollar in Peru, the price S/3965 was registered at the interbank level.
quote This morning is in line with what was recorded at the close of the exchange session last Monday, October 10, when new growth was reported.
During yesterday’s meeting exchange rate increased by 0.15% in the Peruvian market.
Despite such a result at a meeting on Monday, the Central Reserve Bank (BCR) indicates that so far in 2022 the exchange rate is still 0.65% below what was recorded at the end of 2021.
Why did the dollar rise?
At the beginning of the week, Reuters reported that the dollar rose for the fourth consecutive session.
This increase occurred because investors were waiting for data on inflation this week, which they expect will show continued price pressure in the US.
With inflation rising, operators’ expectations point to an extension of the US Federal Reserve’s (FRS) aggressive monetary policy until next year.
“US data released on Thursday is expected to show inflation overall up 8.1% year-on-year in September, down from 8.3% in August, but with the core up to 6.5% from the previous 6.3%,” Reuters said.
It is worth noting that the dollar is also strengthening due to geopolitical tensions and rising oil prices, which has created new nervousness about economic growth and spurred demand for the dollar.
Dollar price for buying and selling
The latest report from the platform, how much dollar.pe is worth, indicates that money changers they buy the dollar at S/3.94 and sell it at S/3975 on average.
Besides, in digital exchange offices The green ticket is said to be bought at about S/3.95 and sold for about S/3.98.
We remind you that from 09:00 price in dollars will introduce changes due to the start of the exchange session, while the price may rise or fall further until 13:30, when the session closes.
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.