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Exchange rate in Peru: what it is trading at today, Friday, November 26, 2021

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The price of the dollar in Peru today, Friday, November 26, 2021, starts at S / 4,0222 soles, according to the Bloomberg portal. In the previous session, the US currency closed with a value of S / 4.032, an increase compared to Tuesday 24, when it was quoted at S / 4.0260, reported the Central Reserve Bank of Peru (BCRP). In the parallel market, the greenback can be obtained for S / 4,015 for sale and S / 4,040 for purchase.

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In the economic sphere, the financial markets remain in expectation of the Executive actions regarding the closure of mining operations. The Vice Minister of Mines, Jorge Chávez, met with representatives of Compañía Minera Ares, Sami and Apumayo. The official reiterated that the Government guarantees the strict respect of the legal framework for investments.

The Congress of the Republic approved the Public Budget bill for Fiscal Year 2022, after more than two days of discussion in plenary. The Government’s proposal obtained 116 votes in favor, 2 against and 6 abstentions. The national treasury 2022 has 197,002 million soles and prioritizes sectors such as education and health. One of its main modifications is that it will allow collective bargaining in the public sector.

On the other hand, the director of the BCRP Diego Macera announced that 1,500,000 people lost their jobs in 2020 due to the coronavirus pandemic. “This means a 13% loss of formal and informal work compared to 2019. In formal work the wage rate has grown by 6% as of October, but in nominal terms. The influence of inflation is very important. In general, we have a lower salary and the products to buy are more expensive“Said Macera at the 32nd North Business Meeting.

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