Dollar today in Peru: find out the exchange rate for this Wednesday, March 22

In this note we will let you know the price of the dollar in Peru today, Wednesday March 22, 2023, according to the information provided by the Central Reserve Bank of Peru (BCRP). On yesterday, Tuesday the 21st, the US currency closed with a value of S/3.7750, as reported by the BCRP.

The average price of the dollar on Tuesday, March 21, was S/. 3.7672 at the interbank level, with a minimum of S/ 3.7600 and a maximum of S/ 3.7790, according to BCR.

How much is the dollar in Peru today?

In addition, as indicated by the Superintendence of Banking, Insurance and AFP (SBS), the exchange rate of March 21 was averaged in the purchase to S/. 3,765 and for sale at S/. 3.770.

Likewise, today, the exchange houses and agencies presented the exchange rate for buying and selling in S/ 3,775 and S/ 3,80, 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) they 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 the economic level, the macro soundness shows no signs of suddenly weakening nor has there been any relevant news”he pointed.