LIVE exchange rate: watch the exchange rate TODAY, Tuesday, January 25

meet the price of the dollar in Peru today, Tuesday, January 25, for the buying and selling in the main banks and in the parallel market. The greenback opened with a price of 3.8478 soles, according to the Bloomberg portal. The previous session, on Monday, January 24, the foreign currency closed operations with a value of 3,835 soles, reported the Central Reserve Bank of Peru (BCRP).

In this way, the value of the greenback increased by 0.36% compared to the end of the last week when it stood at S/ 3.8350. In the exchange session this Monday, the BCRP placed in the Exchange Exchange Swap Sale market (fixed rate) for S/ 200 million at 6 months, at an average rate of 0.56%. As well as Interest Rate Swap for a term of 3 months for S/ 50 million at the average rate of 3.39%.

Non-primary manufacturing grew 1.7% in seasonally adjusted terms in November 2021 compared to the previous month, and was 7.8% above pre-pandemic levels (in 2019), mainly due to the increased production of goods oriented towards investment, supplies and the foreign market, according to the Central Reserve Bank of Peru (BCRP).

Between 2022 and 2023, Peru will have the third lowest external debt in the region, according to the latest LatinFocus report. According to the study, Peru’s debt in 2022 will be 43.2% of GDP, only behind Brazil and Mexico which would lead the region’s performance with 13.6% and 37.2% of GDP, respectively.

What is the exchange rate?

We use the exchange rate, which is the price of one country’s currency (currency) in terms of another, to exchange a currency. It is also known as the exchange rate in other countries.

Why is the exchange rate important?

Knowing the exchange rate or exchange rate helps us know how many units of national currency must be paid to obtain a foreign currency. For example, in Peru, to obtain a dollar, three soles and ninety, approximately, must be delivered.