Today, Thursday, July 7, the dollar in Peru presents a price of S/ 3,895 at the interbank level prior to the beginning of the exchange session.
The quotation This morning corresponds to the close of yesterday’s session, Wednesday, July 6, when the exchange rate rose sharply for the second day in a row.
In the last session the price of greenback rose about 0.90% in the Peruvian market, propelling at its highest price in the last six months.
However the Central Reserve Bank (BCR) points out that so far in 2022 the exchange rate it is still 2.41% lower than what was recorded at the end of the previous year.
Why does the dollar go up?
Yesterday it was reported that Latin American currencies weakened against the dollarwhich reached all-time highs in several markets in the region.
The Archyde.com agency indicated that the greatest demand for dollars was produced due to the risks that were generated amid fears of a global recession.
Archyde.com added that a recent publication by the Atlanta Fed suggested that USA it is already in recession, which “will keep the dollar strong and Treasury bond rates low in the face of moderating inflation expectations.”
These expectations also generated that the ‘commodities’ such as copper or Petroleum show sharp falls, due to the deterioration in demand.
“The fear of a recession impacted oil prices -an important generator of foreign exchange for many countries in the region-, which ended with falls of around 2% to 12-week lows, due to the fact that investors They are more concerned that energy demand will be affected by the global economic slowdown.
According to data from Bloomberg, the international price of coppersilver, platinum and corn lost more than 30% from their annual highs, gold lost 15%, soybeans corrected 20% and natural gas sank 45%.
How much does the dollar cost you to buy and sell?
The last report of how much is the dollar.pe indicates that in moneychangers the dollar It has an average purchase price of S/ 3.85 and the sale price is approximately S/ 3.89.
Furthermore, in the digital exchange houses it is estimated that the greenback has a purchase price of S/ 3.87 and a sale price of S/ 3.90 on average.
Note that this morning the dollar price There are no changes yet, since the price will begin to vary as soon as today’s session begins at approximately 9:00 am.