Peruvian Dollar Exchange Rate: Updates, Trends, and Analysis

2023-07-04 21:18:27

The dollar in Peru closed lower this Tuesday, July 4, with the markets awaiting data from the US economy during the week.

The exchange rate ended the day at S/ 3.6280 per dollar, a drop compared to Monday’s close of S/ 3.6350, according to data from the Central Reserve Bank (BCR).

So far this year, the greenback accumulates a decline of 4.70% compared to the last price of 2022, at S/ 3,807.

ALSO READ: Dollar chains fifth month down in June, will it reverse trend next month?

Parallel market

In the parallel market or the main exchange houses, the dollar is bought at S/ 3.61 and sold at S/ 3.63, according to data from the portal .

Likewise, the average price in the banking market stands at S/ 3,621 for purchase and S/ 3,630 for sale.

dollar globally

The currencies of Latin America recorded a mixed close on Tuesday, in a day with low business volume due to the absence of US participants, due to a holiday that kept the markets in the world’s first economy closed.

US markets were closed on Tuesday due to the Independence Day commemoration, depriving foreign exchange markets of the main arena for currency arbitrage.

“Agents’ attention will now be focused on the next US non-farm payroll data to be released on Friday, which could provide clues about the Federal Reserve’s next steps with regard to its monetary policy.” a foreign currency trader told Archyde.com.

ALSO READ: Banking paid triple in interest to its savers than a year ago

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