Today, during the morning of this tuesday may 10the dollar in Peru It has a price of S / 3,824 at the interbank level.
It is exchange rate was reported in yesterday’s session, when the currency rose around 0.24% in the Peruvian market.
With this day, greenback presented an upward trend for the third consecutive day, due to various global and local factors.
Despite this result, it is estimated that so far in 2022 the dollar price It has fallen a total of 4.18% compared to what was reported at the end of 2021.
Why did the dollar rise?
The Archyde.com agency indicates that yesterday, at a global level, the dollar hit a two-decade high.
This increase in the price occurs following a rise in the yields of the bonds of the american treasuryprompting hedge funds to raise their bullish bets.
In addition to this, the dollar was also buoyed by fears of a rapid slowdown in the World economy due to monetary tightening.
Faced with this global wave of aversion to risky assets, the currencies and stock markets of Latin Americalike the Peruvian sol, fell once morest the dollar.
According to the agency, the main stock index of emerging markets MSCI fell to its lowest level since July 2020, under pressure from rising interest rates, a slowing Chinese economy, the Ukraine conflict and a strong dollar.
“Global markets are still showing the effects of the US rate hikewhich adds to the concern of investors regarding the state of health of the world economy and the collateral effects that the drastic confinements that China has applied to curb the pandemic will have,” said a trader.
Dollar price for buying and selling
The latest report from the platform cualestaeldolar.pe indicates that in moneychangers the dollar the dollar is bought at S/ 3.80 and sold at S/ 3,835 on average.
While in the digital exchange houses the green ticket is bought at approximately S/ 3.81 and is sold at regarding S/ 3.84.
Remember that this morning the dollar price It does not present any change yet, but the price will begin to vary as soon as today’s session begins at approximately 9:00 am