Dollar today in Peru: how much did the exchange rate close this Thursday, March 16?

The price of the dollar in Peru today, Thursday, March 16, 2023, closed at S/3.7880, as announced by the Central Reserve Bank of Peru (BCRP).

The average price of the dollar on Thursday, March 16, was S/. 3.7985 at the interbank level, with a minimum of S/ 3.7840 and a maximum of S/ 3.8070, according to BCR.

On the previous day, Wednesday March 15, the green ticket closed with a value of S/3.8070.

In addition, as indicated by the Superintendence of Banking, Insurance and AFP (SBS), the exchange rate of that day was averaged in the purchase to S/. 3,782 and for sale at S/. 3.789.

On the other hand, the exchange houses and agencies presented the exchange rate in purchase and sale in S/ 3.78 and S/ 3.81, respectively; according to the portal cuantoestaeldolar.pe.

According to Asvim Asencios, Foreign Exchange trader at Renta4 SAB, internationally the dollar fell due to expectations that the Federal Reserve (FED) will be less aggressive with monetary policy to curb inflation.

“After the actions of SVB on Friday (Silicon Valley Bank) fell more than 81%, over the weekend they announced a series of measures to stabilize the banking system and stated that SVB depositors would have access to their deposits today”said Asencios.

What affected the price of the dollar in February?

The price of the dollar in the country maintained a stable behavior throughout the last week of February, keeping its value close to S/ 3.85, and it is due to the fact that the situation at the local level has not shown major variations, he pointed out. Matías Maciel, co-founder of Rextie.

“The difficult and tense climate on the social and political level persists hand in hand with continuous demonstrations in the capital and in the interior of the country. From an economic point of view, macro soundness shows no signs of suddenly weakening, nor has there been relevant news.”he pointed.