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Dollar price in Peru: what is the exchange rate today, July 1

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Friday, July 1, 2022. The exchange rate rose to S/ 3,790 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 on Tuesday at S/ 3,827, according to data provided by the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 4.11% 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 the regional level, most currencies and stock markets in Latin America closed with losses on Thursday, at the end of a difficult semester for risk assets, due to renewed fears of a global recession as a result of monetary tightening to face sustained inflation.

According to the Reuters agency, the heads of the US Federal Reserve, the European Central Bank and the Bank of England met in Portugal this week and expressed their firm commitment to control inflation regardless of the cost to economic growth.

In the midst of this scenario, the three main Wall Street indices suffered a severe blow. The S&P 500 posted its biggest first-half percentage drop since 1970, the Nasdaq posted its biggest percentage drop in its history between January and June, while the Dow Jones suffered its biggest first-half percentage drop since 1962.

Source: Elcomercio

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