The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons

In recent days, a notable decrease in the price of the dollar has been observed, which has generated positive expectations in the exchange market. This is because the sun is around S/3.60 following different factors that have promoted the appreciation of the Peruvian currency in early 2025.

In particular, the professor and researcher at the ESAN University, Edmundo Lizarzaburu, told the Andean agency the causes that have strengthened the sun. He affirmed that this trend, visible since the beginning of this year, takes into account various Factors both internal and external. Next, we tell you what are the reasons for this situation.

What are the external reasons that explain the strength of the Peruvian sun?

First, Lizarzaburu said that the expectation of the United States Federal Reserve (FED) to keep its Reference interest rate In the short term it is a relevant element to take into account in the evolution of the exchange rate. It should be remembered that Investors They usually allocate their capitals to economies that offer assets with the highest yields, in this case, a higher interest rate that disbursed national debt.

The role of Peruvian exports on the exchange rate

Also, Peru achieved a remarkable commercial surplus in 2024, reaching the figure of US $ 23,373.5millones, according to the National Institute of Statistics and Informatics (INEI). According to organism data, Exports Nominals reached a total of US $ 74,664 million, representing an increase of US $ 10,056.9 million compared to the previous year. On the other hand, the Imports FOB stood at US $ 51,290.8 million, reflecting a 4.7% increase compared to the levels registered in 2023.

The increase in abroad shipments resulted in a significant increase in the arrival of dollars to our economy, so a greater offer of this currency in Peru means a drop in its price and, therefore, a appreciation of the sun.

The export opportunity for the exchange rate

In addition to the increase in exports, Lizarzaburu pointed out that the gold reaches maximum levels in the market, while the copper Maintain favorable prices. As one of the main producers of these minerals globally, Peru benefits considerably from these high contributions, which reinforces the increase in the value of shipments abroad.

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Source: Larepublica

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