EconomyDollar in Peru: What is the exchange rate for...

Dollar in Peru: What is the exchange rate for today, Sunday November 20

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The dollar price The US in Peru opened stable on Sunday, November 20, amid doubts about a decline in inflation in the United States in light of the latest economic data and comments from US Federal Reserve officials.

The exchange rate began the day at S/ 3.8325 per dollar compared to Saturday’s close of S/ 3.8320, according to the Bloomberg agency.

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So far this year, the greenback has accumulated a 3.98% decline compared to the last price of 2021, at S/ 3,991.

In the parallel market or the main exchange houses, the dollar is bought at S/ 3.82 and sold at S/ 3,855, according to data from the portal cuantoestaeldolar.pe.

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In Peru, the president of the Council of Ministers, Aníbal Torres, went to Congress on Thursday, together with the ministers, to request a question of confidence that repeals Law 31399, which regulates the right to referendum when it comes to constitutional reforms.

During his presentation before the plenary session, the Prime Minister ruled out that the Government’s decision is aimed at dissolving the Legislative Branch but rather at restoring the power of the people to rule on any matter without any limitation.

Globally, the dollar was down on Friday but was still on track for its biggest weekly gain in a month, after Federal Reserve officials reiterated their commitment to raise US interest rates more than what investors markets currently anticipate.

Source: Elcomercio

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