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

Price of the dollar in Peru: What is the exchange rate for today, Monday, November 14

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The price of the US dollar in Peru opened lower on Monday, thanks to favorable inflation data in the United States that led agents to cut back on bets on interest rate hikes by the Federal Reserve.

The exchange rate operates at S/ 3.85 per dollar, a strong decline of 0.39% compared to the close of the last day, according to the Bloomberg agency.

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So far this year, the greenback accumulates a decline of 0.95% compared to the last price of 2021, at S / 3,991.

On the other hand, in the parallel market or the main exchange houses, the dollar is bought at S/ 3.84 and sold at S/ 3.87, according to data from the portal cuantoestaeldolar.pe.

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Latin American markets traded with gains on Monday, boosted by favorable inflation data in the United States that led agents to cut back on bets on interest rate hikes by the Federal Reserve.

According to the Reuters Agency, the consumer price index rose 0.4% last month, after having increased the same margin in September, as reported last Thursday by the Labor Department.

High inflation has caused the Fed to raise rates aggressively this year, a process that boosted the dollar and caused US Treasuries and stocks to sell off around the world.

Source: Elcomercio

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