Price of the dollar TODAY in Peru: how much did the exchange rate open at this Monday, December 18?

Price of the dollar TODAY in Peru: how much did the exchange rate open at this Monday, December 18?

Check what the dollar exchange rate is today, Monday, December 18, according to BCRP. You also know the price of the US currency in the parallel market and in the main banks in Peru.

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The price of the dollar today, Monday, December 18, is linked to the movements carried out daily by the Central Reserve Bank (BCR). In addition to this official information, we will tell you how the exchange rate of the US currency is quoted for buying and selling in financial entities, money changers, online exchange houses and Jr. Ocoña.

Dollar exchange rate TODAY

According to the portal quoesteldolar.pe, the price of the parallel dollar in Peru It is quoted at S/3,740 for purchase and S/3,770 for sale. It should be noted that in its last session, the exchange rate closed at S/ 3,760, as reported by the Central Reserve Bank of Peru (BCRP).

Price of the dollar today, dollar December 18, in Peru: minute by minute of the exchange rate

Price of the dollar in the BCP

-Purchase: S/ 3,714
-Sale: S/ 3,800

What is the Ocoña dollar?

The Ocoña dollar, also known as the informal exchange rate, refers to the “street dollar” that is bought and sold in the parallel market or exchange houses. Its name is given in allusion to the Ocoña jirón, located in the Center of Lima, where the first exchange houses were installed in the eighties.

Photo: Karla Cruz/La República

How to identify fake dollars?

Check if your tickets are true or fraudulent in the following clip.

Video: Uniteve

Why is the exchange rate important?

“We are a country very 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 food in the livestock industry depends on it, in addition to the production of bread and derivatives. This, at the same time, influences the basic family basket. A similar panorama occurs with fuel, which is also purchased from the international market.

What factors influence the behavior of the dollar in Peru?

Two factors influence. The first is the relationship that Peru has with the dollar’s reference nation, the United States. And the second is 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 goes down because it is more attractive to place money in soles, then (foreign) capital comes; But when the relationship is inverse, the dollar rises.”

On the other hand, “if we see that here in Peru there is some type of risk, people immediately try to buy dollars and that obviously drives the dollar up.”

ABOUT THE AUTHOR:

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Graduated in Social Communication-Journalism from the Universidad Nacional Mayor de San Marcos. She is a current affairs web editor in the newspaper La República. Winner of 1st place in the “Communication for Gender Equality” contest of Catholics for the Right to Decide Peru and the Embassy of the Netherlands in Peru. Experience in gender and sexuality.

Source: Larepublica

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