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Dollar to Peru: the exchange rate falls after the vacancy of Pedro Castillo

At today’s close, the dollar is worth less than in recent days. | Font: Andean

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Today Wednesday December 7th dollar closed at S/3.82 interbank, the Central Reserve Bank (BCR) said, despite the political landscape.

At the beginning of the day, the rate showed a downtrend, but after the announcement of the nation about the coup Pedro Castillo the price has skyrocketed.

Uncertainty caused by the announcement of the closure of the Congress and the creation of a “government of exception” led to the fact that the price of the dollar in the Peruvian market reached 3.90 s/s.

But after the Armed Forces and the National Police rejected coup and Parliament voted to dismiss Castillo, the dollar was reported to have fallen.

At the same time, at the close of the exchange session, the exchange rate rose to S/3825, which is 0.31% lower than yesterday.

Same way price in dollars Today, this is 4.16% less than what was registered at the end of 2021.

Of note, BCR intervened with S$300 million in FX swaps at an average rate of 2.84% and sold US$10 million. Similarly, 284 million US dollars were sold in the market.

The world price for dollar declines globally amid uncertain economic outlook.

The dollar has fallen in recent weeks on expectations that the Federal Reserve may soon stop raising interest rates, as well as on the rise of the euro on signs that the economic downturn in Europe may be less severe than previously expected.

Dollar price for buying and selling

According to the cuantoestaeldolar.pe platform, today money changers they buy the dollar at S/3.79 and sell it at an average of S/3.90.

It is estimated that at digital exchange offices, a green ticket is bought for about S/3.80 and sold for more than S/3.92.

It is worth noting that this dollar price will remain in this range until 09:00 the next day, when the exchange market in Peru reopens.

Source: RPP

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