Exchange rate: Dollar closes higher this Thursday 27th at S/3.8280, its highest level in 4 months

Exchange rate: Dollar closes higher this Thursday 27th at S/3.8280, its highest level in 4 months

There is high volatility of the dollar throughout the region due to the FED’s lack of clarity about initiating new rate cuts in the face of inflation that threatens the US market.

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The dollar exchange rate closed higher this Thursday, June 27, and was around S/3.8280, reported the Central Reserve Bank (BCRP).

The day before, the greenback had finished its run at S/3.8140 and then progressed to the official opening of S/3.8250, which was marked by the maximum issuing entity on Thursday morning.

This is its highest level since February 15 of this year, when it reached S/3.84. It should be noted that there is high volatility in the dollar throughout the region due to the lack of clarity from the FED about initiating new rate cuts in the face of inflation that is stalking the US market.

In the market of exchange houses and ordinary money changers, the North American currency is quoted at S/3.80 for purchase and S/3.83 for sale. For their part, the country’s main banks offer the dollar at S/3,779 for purchase and S/3,864 for sale.

Source: Larepublica

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