Dollar in Peru: what is the exchange rate today, Monday, June 13

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Monday, June 13, 2022. The exchange rate rose to S/ 3,745 for purchase and S/ 3,780 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,764, according to data provided by the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 5.69% compared to the last price of 2021, at 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, Latin American currencies closed with significant losses on Friday, dragged down by the negative performance of global markets after inflation in the United States exceeded estimates, which generated expectations of aggressive interest rate hikes in the largest economy in the world.

According to the Reuters agency, consumer prices in the United States accelerated in May because gasoline reached an all-time high and the cost of services continued to rise, suggesting that the Federal Reserve could continue with its 50 basis point hikes in interest rates until September to combat inflation.

The Consumer Price Index (CPI) rose 1.0% last month after gaining 0.3% in April, the Labor Department said on Friday. Economists polled by Reuters had forecast the monthly CPI to rise 0.7%.

“Strong monthly inflation could suggest the Fed is guiding more explicitly that policy rates continue to rise by 50 basis points or more until actual inflation data convincingly accelerates,” said Veronica Clark, economist at Citigroup. In New York.

Also, the dollar index, which measures the greenback against a basket of six major currencies, rose about 0.9%, driven by a rise in US Treasury bond yields.