Dollar in Peru: what is the exchange rate today, Monday, May 2, 2022

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Monday, May 2, 2022. The exchange rate fell to S/ 3,810 for purchase and S/ 3,845 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,839, according to data provided by the Central Reserve Bank of Peru (BCR).

The monetary entity detailed that the dollar has a decline of 3.81% 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 the regional level, most Latin American currencies closed higher on Friday, driven by lower global aversion to risk assets as a result of better prospects for the world’s second largest economy, after China announced that it will increase measures to boost it, and in the midst of a retreat of the dollar in world markets.

According to Reuters, China will step up macroeconomic measures to stabilize the economy, including its troubled internet platforms, as domestic COVID-19 outbreaks and the war in Ukraine increase risks, a top decision-making body said on Friday. of the ruling Communist Party, giving markets a boost.

Financial markets have been hit hard in the past two weeks by fears that China’s lockdowns will do serious damage to its economy and derail the global recovery, just as many countries are reeling from pandemic-induced slumps.

Meanwhile, the dollar fell on Friday from 20-year highs against a basket of currencies, but had its best month in seven years as concerns about the global economy and the Federal Reserve’s stance, shown very aggressive, reinforced the demand for the greenback.

The dollar had hit a 20-year high against the yen as the Japanese currency took a hit from the Bank of Japan’s expansionary monetary policy. It also hit a five-year high against the euro, which has fallen sharply since Russia’s invasion of Ukraine.