On the morning of Thursday, February 27, 2025, Google He showed that the price of the dollar amounted to S/58. This data caused enough concern among thousands of users in Peru, due to the high value of the US currency in front of the Peruvian sun. However, hours later the real exchange rate was shared.
In particular, this event evokes a similar episode occurred two years ago, when when looking for the dollar value In Google a price of S/5.19 was shown. At that time, the real exchange rate was located at S/3.68 for purchase and S/3.71 for sale. Next, we tell you more details about the incident in the main Internet search engine.
User reaction to the exchange rate of one dollar to S/58
In X (before Twitter), many users reported the error of Google Following the unexpected exchange rate of one dollar to S/58. We show you the reaction of some cybernauts.
Anyway, the US dollar In Peru, it ended on Thursday, February 27, 2025 with a value of S/ 3,675, which marks one of its lowest levels in several months, according to the information provided by the Central Reserve Bank of Peru (BCRP). This downward trend reflects changes in the exchange market and could have implications in the local economy.
Why has the dollar fallen in Peru?
Export growth has caused a remarkable increase in the entry of dollars to the Peruvian economy. This greater availability of the American currency In the country it has led to a decrease in its value, which in turn has contributed to the appreciation of the sun.
Peru reported an outstanding Commercial surplus In 2024, since it reached US $ 23,373.5 million, according to the National Institute of Statistics and Informatics (INEI). The data reveal that nominal exports totaled US $ 74,664 million, which implies a growth of US $ 10,056.9 million compared to the previous year. In contrast, the Imports FOB were at US $ 51,290.8 million, evidencing an increase of 4.7% in relation to 2023 levels.
Does external factors influence the exchange rate in Peru?
The professor and researcher at the ESAN University, Edmundo Lizarzaburu, explained for the Andean agency that the forecast of the Federal Reserve of the United States (Fed) to keep stable its short -term reference interest rate is a crucial factor in the exchange rate dynamics. It is important to remember that investors tend to direct their capitals to economies that offer assets with yields More attractive, which implies that a higher interest rate in national debt can influence its investment decisions.
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
