Price of the dollar in Peru TODAY, Monday, October 30: check the exchange rate of the day according to the BCRP

Check in this note the price of the dollar in Peru for today, Monday, October 30, 2023. According to the issuing entity, the US currency closed its previous day (Friday the 27th) with a value of S/3,857.

In addition, it presented an average interbank exchange rate of S/3.8578. The maximum was S/3.8610 and the minimum was S/3.8550.

How much is the dollar today?

Sunat recorded the price of the dollar on Sunday, October 29 at S/ 3,856 and S/ 3,863 in purchase and sale, respectively. Meanwhile, the website quéestaeldolar.pe is quoting the purchase at S/ 3.84 and the sale at S/ 3.865.

Dollar behavior

Globally, the dollar fell slightly after the yield on the US 10-year bond moved away from the 5% level ahead of remarks by Federal Reserve Chairman Jerome Powell in a debate on the economy and expecting keep high rates for longer in their fight to reach an annual objective inflation of 2%, Villavicencio explained.

According to Powell, “Further evidence of persistently above-trend growth, or that labor market tensions are no longer easing, could jeopardize inflation gains and justify further tightening of monetary policy.”.

How did the dollar do last week?

The interbank exchange rate closed last week with an average value of S/3.8578 with a maximum value of S/3.8610 and a minimum of S/3.8550, according to what was reported by the issuing entity.

According to the issuing entity, the US currency closed on Friday, October 27 in the country with a value of with an average interbank rate of S/3.8746.

On Thursday, at the local level, the markets were a little upset because the Legislative Branch presented a vacancy motion against President Dina Boluarte for “unconstitutionally leaving the country,” explained Allison Pérez, a trader at Divisas de Renta4 SAB.

Regarding the global environment, the United States received higher inflation data than expected, which reinforces the idea of ​​high interest rates for longer, making the US currency more attractive, both specialists agreed.

Maciel considered that it is important to pay attention to the news from the Middle East (Israel-Hamas conflict), Eastern Europe (Russia-Ukraine war) and the United States (Federal Reserve decision on the interest rate).

“We will be going through moments of high uncertainty and where the price of the dollar is usually a variable taken as a sounding board”he added.