Today, Thursday, August 11, the dollar in Peru closed the day falling for the second consecutive day.
Next, meet the exchange rate in the interbank market and the price for purchase and sale in money changers, exchange houses and financial entities.
How much is the dollar today in Peru
The Central Reserve Bank (BCR) reported that this afternoon the exchange rate in Peru it went from S/ 3.89 to S/ 3.87 at the interbank level.
At the close of this session, the price of the greenback presented a considerable decline of more than 0.60% in the Peruvian market.
After this result in the foreign exchange market, the BCR calculates that the price of the dollar in Peru is 2.96% lower than what was reported at the end of 2021.
It is worth mentioning that this drop in the dollar occurs after the Bureau of Labor Statistics announced that inflation of USA fell in July, mainly due to the drop in gasoline prices.
Why did the dollar fall today?
On this day, the Archyde.com agency reported that most Latin American currencies closed with gains against the dollar.
Globally the index dollar it fell about 0.1% against a basket of six major currencies, but why?
The price of the dollar fell globally after expectations of aggressive hikes in interest rates cooled down. USA.
“The dollar fell on Thursday, a day after a report showed that the inflation in the United States was not as high as expected, leading traders to downgrade expectations of interest rate hikes by the Federal Reserve in the future,” Archyde.com reported.
Given this, the investors lowered the bets on the possibility that the Fed raise rates by 75 basis points for the third time in a row when it meets in September.
“Risk appetite has picked up across the financial landscape on the prospect of a monetary politics less restrictive by the Federal Reserve,” Karl Schamotta, chief market strategist at Corpay, told the agency.
Dollar price for buying and selling
The platform, how much is the dollar.pe, reports that money changers they buy the dollar at S/ 3.86 and sell it at S/ 3.90 on average.
While in the digital exchange houses the green ticket is bought at approximately S/ 3.87 and is sold at about S/ 3.90.
Furthermore, in the banks It is estimated that the purchase price of the dollar is between S/ 3.79 and S/ 3.85 and for sale it is between S/ 3.94 and S/ 3.97.