meet the dollar price today in the major banks and the parallel dollar. This Saturday, May 21, the US currency remains above S / 3.80.
According to how much is the dollar.pe, the price of the parallel dollar in Peru is quoted at S/ 3,715 for purchase and S/ 3,750 for sale.
On the other hand, the agency Bloomberg reports that the exchange rate is trading at S/ 3.7300 per dollar at the opening, a setback compared to yesterday’s close, at S/ 3,732.
What is the ‘Ocoña’ dollar or informal exchange rate?
The Ocoña dollar It is also called the ‘street dollar’, that is, the informal exchange rate, the one that is bought and sold in the parallel market or exchange houses.
Why does the price of the dollar go up or down?
The greenback is affected by supply and demand. When there is more demand than supply, the price goes up, and when there is more supply than demand, the price goes down.
What is the best time to exchange dollars?
The best range of hours to buy or sell dollars is from 9:00 am to 1:00 pm at the opening of the foreign exchange market, where financial institutions or exchange houses have better prices for the US currency.
Why is the exchange rate important?
The The exchange rate is important because it serves as an indicator of a country’s competitiveness with the rest of the world, that is, the real interest rate. In conclusion, it relates the internal prices of national production with international prices.
How much does high interest rates in banks affect the economy?
At LR Economy we talked with Juan José Marthans, economist and former superintendent of Banking, Insurance and AFP. Learn more in the following video.
Dollar price for buying and selling
- Purchase: Without 3.38.
- Sale: S/ 3.57.