EconomyPrice of the dollar in Peru: What is the...

Price of the dollar in Peru: What is the exchange rate today, Friday, August 5

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The price of the US dollar in Peru was trading lower in the informal or parallel market today, Friday, August 5, 2022. The exchange rate was trading at S/ 3,870 for purchase and S/ 3,910 for sale, according to exchange houses in Lima.

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On the other hand, in the interbank market, the greenback closed on Wednesday at S/ 3,892, according to data provided by the Central Reserve Bank of Peru (BCR).

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So far this year, the greenback accumulates a decline of 2.48% compared to the last price of 2021, at S / 3,991.

At a regional level, most Latin American currencies were trading higher on Thursday, while stock markets in the region exhibited a mixed performance, amid lower aversion to risky assets that translated into a decline in the dollar in global markets.

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According to the Reuters agency, the dollar fell against most major currencies, at a time when the positive impact of the Federal Reserve’s comments was fading and investors were waiting for more signs on the data front to confirm that More rate hikes are coming to curb inflation.

The Bank of England made the biggest rate hike in 27 years, despite warning of a long recession looming, as it scrambles to stifle a surge in inflation already above 13%.

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The markets were attentive to news about the tension created between China and Taiwan after the visit made to the island by the president of the United States House of Representatives, Nancy Pelosi, and awaiting figures on non-agricultural employment in the United States that will be released to meet on Friday.

Source: Elcomercio

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