Dollar price in Peru: what is the exchange rate today, July 4

The price of the US dollar in Peru was on the rise in the informal or parallel market today, Monday, July 4, 2022. The exchange rate rose to S/ 3,810 for purchase and S/ 3,850 for sale, according to exchange houses in Lima.

On the other hand, in the interbank market, the greenback closed on Tuesday at S/ 3,844, according to data provided by the Central Reserve Bank of Peru (BCR).

So far this year, the greenback accumulates a decline of 3.68% 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, the currencies of Latin America had a new day of significant losses, compared to an advance of the dollar in the global markets, while the stock markets closed higher, given the concern about the world economy after high inflation in the euro zone.

According to the Reuters agency, pessimism about the outlook for the world economy on Friday boosted the demand for the dollar as a refuge, while the Australian dollar, an indicator of world growth, touched a two-year low.

Rampant inflation and a rush by central banks to raise interest rates and curb the flow of cheap money have boosted sales across markets and pushed up assets seen as safer.

“When people worry, they keep buying assets in dollars”said Joseph Trevisani of FXStreet.com in New York.

Meanwhile, euro area inflation hit a record high again in June as price pressures widened, while its peak could still be months away, reinforcing the case for a rapid rise in interest rates. interest from the European Central Bank starting this month.

Consumer price growth in the 19 countries sharing the euro accelerated to 8.6% from 8.1%, Eurostat reported on Friday, beating expectations of 8.4% and driven mainly by energy prices, although food and services also contributed.