Dollar in Peru: what is the exchange rate today, March 15, 2022

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Tuesday, March 15, 2022. The exchange rate rose to S/ 3,705 for purchase and S/ 3,740 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,733, according to data provided by the Central Reserve Bank of Peru (BCR).

The monetary entity detailed that the dollar has a decline of 6.46% so far in 2022, compared to the result recorded at the end of last year (S / 3,991).

The foreign currency registered an appreciation of 10.28% at the end of 2021 due to the impact of political uncertainty and doubts about the economic outlook due to the new variants of the coronavirus.

At a regional level, most Latin American currencies fell on Monday along with stock markets, with markets attentive to the development of the war in Ukraine at the beginning of a week that will also be marked by the monetary policy meeting of the Federal Reserve.

According to the Reuters agency, the markets widely expect the Fed to start the cycle of interest rate hikes, to combat galloping inflation, with an increase of 25 basis points.

The United States warned China on Monday not to help Russia’s invasion of Ukraine, as Moscow allowed a first convoy to escape from besieged Mariupol, where the conflict’s worst humanitarian crisis has unfolded.

The dollar, meanwhile, fell against a basket of currencies on Monday but remained near a 21-month high hit last week as investors focused on Russia-Ukraine peace talks. The wait for the meetings of the main central banks this week limited the movements in the foreign exchange market.