Know the price of the dollar today in the main banks and the parallel dollar. This Saturday, June 4, the US currency remains above S/.3.70.
According to the portal tantoestáeldólar.pe, the parallel exchange rate in Peru is quoted at S/3,680 for purchase and S/3,720 for sale.
Exchange rate today at BCP, BBVA, Interbank and other banks
On the other hand, the agency Bloomberg reports that the exchange rate is trading at S/ 3.7011 per dollar at the opening, compared to yesterday’s close, at S/ 3.7274.
What is the ‘Ocoña’ dollar or informal exchange rate?
The Ocoña dollar is the “street dollar”, that is, the informal exchange rate that is bought and sold in the parallel market or exchange houses. Its name originates from the Ocoña jirón, located in the historic San Martín square in downtown Lima.
Why does the price of the dollar go up or down?
When there are many dollars in circulation, it is said that the currency has liquidity and its price falls. And when it rises, it is due to its low availability against the demand for the currency.
What is the best time to exchange dollars?
The best range of hours to buy or sell dollars is from 9:00 a.m. to 1:00 p.m. at the opening of the foreign exchange market, where financial entities or exchange houses have better prices.
Why is the exchange rate important?
The exchange rate is important because it serves as an indicator of a country’s competitiveness with the rest of the world (real interest rate): it relates the internal prices of national production with international prices.
How much does high interest rates in banks affect the economy?
Dollar price for buying and selling
- Purchase: S/ 3,680
- Sale: S/ 3,720