Latest Dollar Exchange Rate in Peru – August 25, 2023: Updates from Central Reserve Bank of Peru

2023-08-26 14:09:01

Review in this note the price of the dollar in Peru today, Friday, August 25, 2023, according to the information provided by the Central Reserve Bank of Peru (BCRP). Yesterday, Thursday the 24th, the US currency closed with a value of S/3,692.

Meanwhile, on Wednesday, August 23, the dollar closed with a value of S/3.7130, with an average interbank exchange rate of S/3.7103.

FOLLOW ALSO: Price of the dollar in Peru today – August 25: this is how the exchange rate opened

Last Tuesday, August 22, the US currency closed in the national market with a value of S/3.7240, while the interbank exchange rate had an average value of S/3.7290, with a minimum of S/ 3.7190 and a maximum of S/3.7350.

So far this year, the greenback has accumulated a 2.39% decline compared to the last price of 2022 (S/3.807).

According to Alisson Pérez, Renta4 SAB currency trader, during the day there was a greater demand for dollars from foreign capital, while the offer came from corporations to a small extent.

“At a global level, China generates uncertainties about its economy, since yesterday it cut its interest rate. On the other hand, there is positive data in the US, as the data for retail sales came out better than expected, the dollar continuing to be the safest currency in the world”, he asserted.

On the other hand, in the parallel market, the North American currency traded yesterday Tuesday at S/ 3.70 for purchase and S/ 3.72 for sale.

The members of the Federal Open Market Committee of the United States Federal Reserve (FED) predicted new interest rate hikes at their last meeting and warned of a possible rise in inflation in the coming months.

“Most participants continued to see significant upward risks to inflation, which could require further tightening of monetary policy,” state the minutes of the last meeting held in July and published this Wednesday.

The Fed’s fears were confirmed on August 10 when, after twelve consecutive months of falls, the inflation rate in the United States rose two tenths in July and stood at 3.2%.

How much is the dollar today?

The dollar exchange rate in Peru for today, Friday August 25, is S/3,716 for sale and S/3,709 for purchase, according to the SBS. Likewise, the National Superintendence of Customs and Tax Administration (Sunat), registers S/3,709 for purchase and S/3,716 for sale.

Lastly, the platform has the exchange rate quoted in S/. 3.68 in purchase and S/. 3.71 for sale.

BCRP report on the closing of the exchange rate

This was the closing price of the dollar in the country on the last day of August (Thursday 24).

How did the dollar close last week?

On Friday, August 18, the US dollar closed in the country with a price of S/3.711, with an average interbank exchange rate of S/3.7151, with a maximum of S/3.7200 and a minimum of S/3. ,7100.

Where to see the price of the dollar in Peru?

The official closing price for the day can be found on the website of the Central Reserve Bank of Peru (BCRP) and the Superintendency of Banking, Insurance and AFP (SBS).

What is the difference between the buy and sell 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.

What does the price of the dollar depend on?

The price of the dollar depends on the supply and demand of the market. How hard is it to get it for someone who needs it and how easy is it to sell it to someone who has it?

How does the dollar trade in free exchange apps?

It is of great interest for Peruvian consumers to know the price and exchange rate of the US currency, especially when they have to carry out an important transaction to buy or sell that important currency. Here are some Internet platforms where you can convert soles to dollars and other international currencies.

Peru DollarChaski DollarCambio SolCambi.pe
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