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Dollar price in Peru: what is the exchange rate today, Monday, June 27, 2022

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Monday, June 27, 2022. The exchange rate rose to S/ 3,750 for purchase and S/ 3,795 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed at S/ 3,788, according to data provided by the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 5.07% 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.

Regionally, Latin American currencies were mixed on Friday as stock markets posted gains on expectations that falling commodity prices could curb inflation and ease interest rate hikes. interest.

According to the Reuters agency, the week has been marked by sharp falls in raw materials due to concerns that the world economy will falter and that interest rate hikes will hurt growth, which in turn is leading traders to cut inflation expectations and reduce some bets on the size of the hikes.

“Inflation will remain elevated and above target, but it is increasingly likely to start to peak in the coming months,” said Andrew Hardy, investment manager at Momentum Global Investment Management. “Markets could take it reasonably well – there is potential for recovery later in the year.”

Also, the dollar index, which measures the greenback against a basket of six major currencies, retreated and headed for its first weekly decline in June as traders reduced their bets on where interest rates might peak. interest.

Source: Elcomercio

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