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Price of the dollar today in Peru: how much did the exchange rate open this Monday, January 29?

Price of the dollar today in Peru: how much did the exchange rate open this Monday, January 29?

Check here the price of the dollar today, Monday, January 29, in Peru. How much is the value of exchange rate in the parallel and interbank market?

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How much did the exchange rate open today, January 29?

The price of the dollar opened the day higher and stood at S/3.7985, according to Bloomberg. This means an advance of 0.09% compared to Friday’s close when it was quoted at S/3.7950, according to the Central Reserve Bank of Peru (BCRP).

In Peru, the price of the dollar is subject to the quote of the Central Reserve Bank (BCR), mostly. According to the Bloomberg portal, the dollar exchange rate began today, Monday, January 29, downward, positioning itself at S/3.7649. While according to the website quéestaeldolar.pe, the value of the US currency is quoted at S/3,740 for purchase and S/3,770 for sale. Next, find out what the cost of the dollar is in the main banks in the country and in the different online and Jr. exchange houses. Ocoña.

What is the dollar exchange rate in Peruvian banks?

BCP

  • Buys: S/3,748
  • Sale: S/3,837

Interbank

  • Purchase: S/3,730
  • Sale: S/3,823

National bank

  • Purchase: S/3,720
  • Sale: S/3,780

BBVA

  • Purchase: S/3,704
  • Sale: S/3,888

Scotiabank

Price of the dollar today, Monday, January 29, in Peru: minute by minute of the exchange rate

What is the best time to exchange dollars?

The best time to exchange or sell dollars is in the morning, and the best time range is from 9:00 am to 1:00 pm, that is, at the opening of the foreign exchange market where financial entities or exchange houses offer their best prices.

How much did the exchange rate open today, January 29?

The price of the dollar opened the day higher and stood at S/3.7985, according to Bloomberg. This means an advance of 0.09% compared to Friday’s close when it was quoted at S/3.7950, according to the Central Reserve Bank of Peru (BCRP).

What function does the BCR fulfill?

Below we show you what the main functions of the Central Reserve Bank of Peru.

Video: BCR

What is the ‘Ocoña’ dollar?

He 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 during the eighties.

Photo: Karla Cruz/La República

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What is the best time to exchange dollars?

The best time to exchange or sell dollars is in the morning, and the best time range is from 9:00 am to 1:00 pm, that is, at the opening of the foreign exchange market where financial entities or exchange houses offer their best prices.

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.”

  • Purchase: S/3,701
  • Sale: S/3,880
  Evolution of the dollar.  Photo: BCR

Evolution of the dollar. Photo: BCR

ABOUT THE AUTHOR:

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Communicator with a specialty in multiplatform journalism trained at the San Martín de Porres University. With experience in writing and producing content in various media. He interested in current affairs, cars, sports and tourism.

Source: Larepublica

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