Price of the dollar in Peru: how much is the exchange rate today, Wednesday December 28?

In this note we will let you know the dollar price American in Peru today, Wednesday, December 28, 2022.

According to him Central Reserve Bank (BCR), the price of the green bill remains at S/ 3,818 at the interbank level, the same value as that reported yesterday, December 27.

In the parallel market or the main exchange houses, the dollar is bought at S/3.805 and sold at S/3.83, according to data from the portal cuantoestaeldolar.pe.

Asvim Asencios, Foreign Exchange trader at Renta4 SAB, stated that during the day, the offer came from local corporations, with the dollar reaching a minimum level of S/3,810. Likewise, he indicated that, in the market, US$188 million was traded at an average price of S/3,819.

“Investors are waiting for tomorrow’s GDP data and the evolution of the dollar. Reports on the increase in Covid cases in China may be another factor influencing the market and affecting the price of the dollar globally.”, expressed Asencios.

Currently, at the local level, the Government formalized, through Supreme Decree No. 143-2022-PCM, the declaration of a state of emergency at the national level for a term of 30 calendar days.

“It was agreed to declare the entire country in a state of emergency due to the vandalism and violence, the seizure of highways and roads, which are already stabilizing acts,” said Alberto Otárola, then Defense Minister and today head of the Minister council.

On the other hand, the outlook on Peru’s long-term foreign currency debt rating was revised to negative from stable on Monday by S&P Global Ratings.

Globally, the United States Federal Reserve (Fed) raised interest rates by half a point, which will now be in a range between 4.25 and 4.5%, in a new attempt to contain inflation .

This is the seventh consecutive rate hike since March, although it is more attenuated than the last four, which were 0.75 points.

In its statement, the Fed’s Federal Open Market Committee also anticipated that new rate hikes “will be appropriate” in the future to continue helping contain prices and return the inflation rate to its 2% target.