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Dollar in Peru: what is the exchange rate today, Tuesday, May 10, 2022

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Monday, May 9, 2022. The exchange rate rose to S/ 3,800 for purchase and S/ 3,835 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,824, according to data provided by the Central Reserve Bank of Peru (BCR).

The monetary entity detailed that the dollar has a decline of 4.18% 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, Latin American currencies and stock markets closed lower on Monday, amid a global wave of aversion to risk assets, due to fears of a rapid slowdown in the world economy due to a monetary tightening of central banks.

According to the Reuters agency, although it closed the day slightly lower, the dollar reached a 20-year high on Monday, due to risk aversion stemming in part from concerns about the Federal Reserve’s ability to combat high inflation. boosted the appeal of the US currency earlier.

The dollar index fell 0.135% to 103.630 after touching 104.19, its highest level since December 2002, with the euro rising 0.15% to $1.0567.

Meanwhile, MSCI’s main emerging market stock index fell to its lowest level since July 2020 on Monday, under pressure from rising interest rates, a slowing Chinese economy, the Ukraine and a strong dollar.

Source: Elcomercio

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