Dollar in Peru: what is the exchange rate for today, Friday, May 13, 2022

The price of the US dollar in Peru was trading lower in the informal or parallel market today, Friday, May 13, 2022. The exchange rate fell to S/ 3,760 for purchase and S/ 3,805 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,760, according to data provided by the Central Reserve Bank of Peru (BCR).

The monetary entity detailed that the dollar has a decline of 5.79% 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 had disparate closings on Thursday, due to a renewed global wave of aversion to risk assets that strongly boosted the dollar in world markets.

According to Reuters, the dollar rose to a 20-year high on Thursday as concerns persisted that actions by central banks to counter high inflation would slow global economic growth, boosting the currency’s safe-haven appeal. .

Data from the Labor Department showed that initial claims for jobless benefits rose to their highest level in three months, although the labor market remains a strength of the US economy.

The producer price index slowed sharply in April to a rise of 0.5% from 1.6% the previous month, thanks in part to a sharp drop in energy products.

After the Fed raised its overnight interest rate by 50 basis points last week, the biggest hike in 22 years, investors are trying to assess how aggressive the central bank will be. Expectations are fully priced in for another hike of at least 50 basis points at the central bank’s June meeting, according to CME’s FedWatch tool.