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Euro today in Peru: Check here lotization of the euro for today, Sunday June 25

how far is he euro today in Peru? Here we tell you what the price of this currency is in Peru for this Sunday, June 25, 2023. To date, the price of the euro remains stable compared to its last day in the market, according to the latest data issued by the Central Reserve Bank (BCR).

WHAT IS THE PRICE OF THE EURO TODAY?

Today, Sunday June 25, 2023, the price of the euro is trading at an average of S/. 3.9437 as reported by Google Finance.

Also, it is reported that The euro is quoted today, June 25, at S/. 4.04 and S/. 4.14, in purchase and sale respectively according to the portal how much is dollar.pe

According to data registered by the BCRP, the euro would have closed its last session of the week at S/. 3,961.

WHAT IS THE EURO?

He euro It is the currency of the European Union, made up of 17 states: Germany, Austria, Belgium, Cyprus, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands and Portugal. In the eurozone, the euro is used by 329 million citizens, while in the rest of the world 240 million also use it as a means of exchange.

WHY IS THE EURO FALLING?

This is due to the strength of the dollar, supported by the monetary policy of the United States Federal Reserve (Fed).

Contrary to the European Central Bank (ECB), the Fed quickly began raising interest rates to fight inflation.

Those high interest rates make holding dollars more profitable, attracting investors and further appreciating the currency.

For its part, the ECB has finally raised its rates moderately, but its long-term policy is unknown, and this uncertainty weighs against the euro.

WHICH BANKS IN PERU SELL AND BUY EUROS

Meet the banks in Peru that offer purchase and sale of euros:

  • National bank
  • Interbank
  • Scotiabank
  • Credit Bank of Peru (BCP)

Source: Elcomercio

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