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Dollar in Peru: What is the exchange rate for today, December 15

The price of the US dollar in Peru is trading higher on Thursday, after the Federal Reserve (FED) announced a 50 basis point hike in interest rates, the seventh rise of the year.

The exchange rate operates at S/ 3.83 per dollar with a slight advance of 0.11% compared to Wednesday’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/ 3.82 and sold at S/ 3.85, according to data from the portal cuantoestaeldolar.pe.

Most of the currencies and stock markets in Latin America operated with losses on Thursday, after the announcement of the Federal Reserve (FED) about the rise of 50 basis points in interest rates, the seventh rise of the year.

This is a minor adjustment compared to the previous four, however, the Fed has indicated that there will be more increases as inflation begins to subside.

Fed policymakers expect the short-term rate to reach a range of 5% to 5.25% by the end of 2023. That suggests the central bank is prepared to raise rates by an additional three-quarters of a point and will leave them at that level until the end of the other year. Some economists were already expecting a half-point increase.

Source: Elcomercio

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