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How much did the dollar close at on Monday, October 16?
The price of the dollar in the country on Monday, October 16, 2023 closed at S/3.8600 (with an opening of S/3.8575), as announced by the Central Reserve Bank of Peru (BCRP ).
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What is the Ocoña dollar?
The Ocoña dollar is the “street dollar”, that is, the informal exchange rate, the one that is bought and sold in the parallel market or exchange houses. The Ocoña jirón and the “Ocoña dollar” are still in force as a reference for the parallel market for the purchase and sale of dollars.
Source: BBVA
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Where to see the price of the dollar?
The official closing price of the day can be found on the website of the Superintendency of Banking, Insurance and AFP (SBS).
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What is the difference between the buying and selling price of the dollar?
• Purchase price: what the buyer is willing to pay to acquire the asset.
• Sale price: what the seller is willing to receive for selling the asset.
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What does the price of the dollar depend on?
It depends on the supply and demand of the market. How difficult it is to get it for someone who needs it and how easy it is to sell it for someone who has it.
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Check the buying and selling price of the dollar in the country this Tuesday, October 17.
• Price of the dollar in Peru: how much the exchange rate closed at on Monday, October 16
- BCV dollar in Venezuela | Exchange rate, according to the official rate of the Central Bank of Venezuela
Source: Elcomercio
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.
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How to get a better exchange rate?
The ideal time to exchange dollars is in the morning, since financial institutions or exchange houses normally have better prices between 9am. and 1pm. Monday to Friday.