Know the price of the dollar today, Thursday May 18. Check how much the exchange rate is quoted in the parallel market and in the main banks for the US currency.
He dollar price today, Thursday May 18, is subject to the price of the Central Reserve Bank of Peru (BCRP), mainly. Next, know the exchange rate of the US banknote in the main banks of Peru and in the different online exchange houses and of the jr. Ocoña.
Dollar price today, Thursday May 18, in Peru: minute by minute of the exchange rate
How much is the parallel dollar, today Thursday April 18?
The price of the parallel dollar is at S/3.67 for the purchase and S/3.70 for the sale, according to the web portal cuantoestaeldolar.pe.
Why is the exchange rate important?
“We are a country that is highly dependent on the exchange rate. A large part of our economy is associated with imported goods that are purchased in dollars,” emphasized Jorge Luis Ojeda.
For example, the country buys wheat at the cost of foreign currency and the food in the livestock industry depends on that, in addition to the preparation of bread and derivatives. That, at the same time, influences the basic family basket. A similar scenario occurs with fuel, which is also purchased from the international market.
What factors influence the behavior of the dollar in Peru?
Two factors play a role. The first is the relationship that Peru has with the benchmark nation of the dollar, the United States. And the second is the expectation, which consists of “a feeling of risk”.
According to UPC Finance professor Jorge Luis Ojeda, “when interest rates here are higher than in the United States, the exchange rate drops because it is more attractive to place money in soles, then (foreign) capital comes; but when the relationship is reversed, the dollar rises”.
On the other hand, “if we see that here in Peru there is some type of risk, immediately people try to buy dollars and that obviously boosts the dollar.”
What is the price of the dollar today in Peru?
According to the portal cuantoestáeldolar.pe, the price of the parallel dollar in Peru It is listed at S/3,670 for purchase and S/3,700 for sale. While the average in the banking market stands at S/3.6630 for purchase and S/3.7290 for sale.
It should be noted that in yesterday’s session, Wednesday May 17, the exchange rate closed at S/3.6970, as reported by the Central Reserve Bank of Peru (BCRP).
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
