Dollar in Peru: What is the exchange rate for today, Saturday, October 29

The dollar price US currency in Peru opened slightly lower on Saturday, October 29, as investors await economic data amid expectations that the Federal Reserve will slow its pace of interest rate hikes after November.

The exchange rate operates at S/ 3.9846 per dollar, a drop of 0.11% compared to Friday’s close of S/ 3.9890, according to the Bloomberg agency.

So far this year, the greenback accumulates a decline of 0.05% compared to the last price of 2021, at S / 3,991.

At 9:30 a.m., in the parallel market or the main exchange houses, the dollar is bought at S/ 3.96 and sold at S/ 3,995, according to data from the portal cualestaeldolar.pe.

In Peru, the Executive approved an exceptional capital contribution to Petroperú of up to S/ 4,000 million, to ensure the commercialization of hydrocarbons at the national level and maintain the continuity of the operations of the state company.

According to the norm, this measure will be carried out through the exceptional granting of a capital contribution and a guarantee from the national government to a foreign trade credit line for the acquisition of crude oil, fuels, other hydrocarbon derivatives and biofuels.

Globally, the strength of the dollar index weighed on the market, making metals priced in the US currency more expensive for buyers using other currencies.