Today, during the morning of this Monday, August 22, the dollar in Peru it has a price of S/ 3,864 at the interbank level.
The quotation this morning is the same as that recorded at the close of the exchange session last Friday, August 19, when the greenback had a considerable rise.
During the last session the exchange rate closed with an increase of 0.50% in the Peruvian market.
With this advance in the price of the dollar, the Central Reserve Bank (BCR) indicates that so far in 2022 the exchange rate is still 3.17% lower than what was recorded at the end of 2021.
Why does the dollar go up?
Last Friday, the Archyde.com agency reported that, in the global market, the dollar posted a five-week high and its biggest weekly gain since April 2020.
As they specified, this occurred following investors adjusted to the probability that the United States Federal Reserve (Fed) keep raising rates to fight inflation.
Last week Fed officials mentioned that the banco central The US needs to keep raising borrowing costs to control the inflation high in decades, while debating how fast and how high they would raise the benchmark interest rate.
“Fed fund futures traders are pricing in a 54% expectation that the Fed raise rates by 50 basis points in September and by 46% that the hike will be 75 basis points,” Archyde.com reported.
Dollar price for buying and selling
The latest report from the platform, how much is the dollar.pe, indicates the money changers they buy the dollar at S/ 3.84 and sell it at S/ 3.88 on average.
While in the digital exchange houses the green ticket is bought at approximately S/ 3.85 and is sold at regarding S/ 3.88.
It is worth mentioning 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.
