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The price of the dollar in Peru this morning, December 16

The price of the dollar in Peru this morning, December 16

What is the exchange rate this morning? | Fountain: Andean

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This morning this Friday, December 16, the price for dollar in Peru, at the interbank level, it is SGD 3,845.

quote this morning is in line with what was recorded at the close of the exchange session yesterday on Thursday, when the Peruvian market was reported a slight increase of about 0.25%.

The price of the dollar continues to rise after US Federal Reserve System (FRS) announce further interest rate hikes next year.

Investors were worried about the risk of a recession and that the Fed is likely to raise interest rates in 2023, the Reuters news agency reported.

“The Fed is raising rates at the fastest pace since 1980, the rest of the world is following suit, quantitative tightening is in its early stages and inflation remains painfully high,” said Bob Michel, chief investment officer at JP Morgan.

Despite this, in the Peruvian market, the Central Reserve Bank (BCR) indicates that so far in 2022 the exchange rate is still 3.66% lower than what was registered at the end of 2021.

Peruvian dollar price for buying and selling

The latest report from the cuantoestaeldolar.pe platform states that money changers they buy the dollar at S/3.82 and sell it at S/3855 on average.

In addition, in some digital exchange offices the green ticket is said to be bought at about S/3.83 and sold for about S/3.86.

It should be remembered that as of 09:00 the price of the dollar It will show changes related to the beginning of the exchange session, while the price may go up or down even before 13:30, when the session closes.

Source: RPP

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