How much would the dollar close in 2023, according to a BCRP survey?

According to the recent survey of macroeconomic expectations prepared by the Central Reserve Bank of Peru (BCRP), the projections provided by economic actors on the exchange rate in our country fell in March.

How much would the dollar close this 2023?

Thus, the North American currency for the purposes of the 2023 would close between S/3.82 and S/3.85, while the expectations for the end of the 2024 It would have a range of S/3.83 and S/3.90. Almost similar, for the culmination of the 2025 an exchange rate that would oscillate between S/3.80 and S/3.90 per dollar is expected.

As can be seen in the BCRP table, the expectations that foresee 18 economic analysts With respect to green ticket they fell from S/3.85 in February to S/3.82 in March. By the end of 2024, the same group forecasts only a slight rise to S/3.85, while in 2025, the dollar would close at S/3.87.

In the case of companies in the financial system, the The projection they have for the US currency for this 2023 is S/3.85which means a reduction in their expectations compared to January of this year, which marked S/3.90.

From the other side, 283 non-financial companies placed the exchange rate at S/3.85 by the end of 2023 compared to S/3.90 in January and February. For 2024 and 2025, its projection remains at S/3.90.

Let us remember that the dollar closed on Wednesday, April 5, at S/3.7710 and achieved a decline of -3.73% so far in 2023.

Exchange rate: how much did it close in 2021 and 2022?

The exchange rate, at the end of 2022, was S/3,807 per dollar, in a year marked by the presidential vacancy and the announcement of early general elections.

At the culmination of 2021, the dollar was quoted at S/3,991 in a year of presidential election, social conflicts and the global inflationary phenomenon. With this closure, the BCRP indicated that this currency rose a total of 10.28% in Peru, compared to what was registered the previous year.