EconomyDollar in Peru: what is the exchange rate today,...

Dollar in Peru: what is the exchange rate today, Tuesday, January 25

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Lima, January 25, 2022Updated on 01/25/2022 12:06 am

The price of the dollar in Peru operated on the rise on Tuesday in the parallel market, after new announcements by the Ministry of Economy and Finance (MEF) in which it reduces its projection of economic growth for this year to between 3.5% and 4%.

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In the parallel market or the main exchange houses, the dollar was bought at S / 3,820 and sold at S / 3,860, according to the portal cuantoestaeldolar.pe.

On the other hand, the exchange rate closed at S/ 3,849 per dollar, an increase of 0.37% compared to Friday’s price, at S/ 3,835, according to data from the Central Reserve Bank of Peru (BCR).

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So far this year, the greenback accumulates a drop of 3.56% compared to the end of 2021, at S / 3,991.

Globally, nerves over the Federal Reserve meeting on Wednesday added to the mix. The US central bank is expected to confirm that it will soon start draining the massive pool of liquidity that has supercharged growth stocks in recent years.

According to the Reuters agency, although Treasury bonds recovered at the end of last week, the 10-year debt yield continues to accumulate a rise of 22 basis points so far this month, to 1.77%, and it’s not far from levels last seen in early 2020.

That rise has generally supported the dollar, which rose 0.5% last week and gained 0.1% in the session, to 85,647 units.

At the local level, the Minister of Economy and Finance, Pedro Francke, also indicated that private investment in Peru will grow between 0% and 2% this year.

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