The price of the US dollar in Peru was trading lower in the informal or parallel market today, Tuesday, June 28, 2022. The exchange rate fell to S/ 3,750 for purchase and S/ 3,790 for sale, according to exchange houses in Lima.
On the other hand, in the interbank market, the greenback closed at S/ 3,775, according to data provided by the Central Reserve Bank of Peru (BCR).
So far this year, the greenback accumulates a decline of 5.41% 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, most Latin American currencies fell on Monday, despite a slight global decline in the dollar, while the bulk of stock markets rose as appetite for risky assets increased and fears abated over sustained inflation, amid a drop in oil prices.
According to the Reuters agency, the dollar traded slightly lower on Monday against its main rivals, as the decline in inflation expectations motivated a reassessment of the prospects for aggressive increases in interest rates, but the volatility of the markets cushioned a wider descent.
Bets on aggressive rate hikes have buoyed the dollar index, which hit its highest level in nearly two decades earlier this month. But with some data showing economic momentum starting to cool and a broader drop in commodity prices, investors are turning cautious.
Meanwhile, global stocks extended gains on Monday, capitalizing on Friday’s strong close on Wall Street as oil prices retreated from their highs, improving sentiment and easing concerns about prolonged inflation.
Source: Elcomercio
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