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Tuesday, August 16, 2022

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Exchange rate: dollar remains low and marks S / 3,829 at the close of this July 4

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The dollar closed down this Monday, July 4, in our country and stood at S/ 3.829, after starting the day at S/ 3.8335, according to the Central Reserve Bank of Peru.

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With this, the dollar accumulates a loss of 4.06% against the Peruvian sol, one of the strongest currencies in the region, so far in 2022, after ending last year at S / 3,991.

This stumble of the currency, from the S/ 3,844 with which it appeared in the last hours of Friday, occurs while the Central Credit Bank of Peru (BCP) estimates a closing for this year of between S/ 3.75 and S/ 3, 80.

In addition, Osinergmin reported that the reference prices of the main oil-derived fuels, with the exception of bottled LPG, show a reduction of up to S/ 0.57 for the current week.

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In the interbank market of the main banks in our country, the currency is quoted at S/ 3,821 for purchase and S/ 3,843 for sale. For their part, exchange houses and ordinary money changers offer it for S/ 3.79 for the purchase and S/ 3.83 for the sale.

At the international level, the United States foreign exchange market does not operate fully today because Wall Street is closed in the middle of the celebrations for the anniversary of that country.

Meanwhile, copper prices fell to 17-month lows on Monday, as new COVID restrictions in China, the metal’s top consumer, slowing global manufacturing activity and rising inventories sparked concerns about demand and sales.

Source: Larepublica

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