Price of the dollar in Peru: What is the exchange rate for today, Friday, December 2

The price of the US dollar in Peru trades lower on Friday, amid a softer stance from China on COVID and the expectation of a slower rate hike in the US, which weakened the dollar and played in favor of risky assets.

The exchange rate operates at S/ 3,828 per dollar with a decline of 0.72% compared to Thursday’s close, according to the Bloomberg agency.

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/ 3.81 and sold at S/ 3.85, according to data from the portal cuantoestaeldolar.pe.

At the regional level, most of the Latin American markets are trading higher, driven by China’s softer stance on COVID and the expectation of a slower pace of rate hikes in the United States, which weakened the dollar and played in favor of risky assets.

According to Reuters Agency, these factors led the dollar to 16-week lows against a basket of currencies and at the same time encouraged a rise in oil prices, an important generator of foreign currency for many countries in the region.

Jerome Powell’s comments confirmed expectations that the Fed will raise interest rates by 50 basis points this month.indicated a note from the Acciones y Valores brokerage, in Bogotá.