The price of the dollar in Peru expects to close the week in a stable way, as it has been developing during the last five days. At the beginning of the day today, Friday October 22, the currency opened at S / 3.9471, after it closed the day before at S / 3.9524, according to the report from the Central Reserve Bank of Peru. The current price of the greenback occurs in a context in which 42% of the population approves the management of Pedro Castillo as president of Peru, according to the Datum survey for El Comercio.
Also, in the economic sphere, on Thursday, October 21, the BCRP sold US $ 1 million at an average exchange rate of S / 3,955 per dollar, to mitigate the volatility of the currency. It should be noted that in the interbank market, the greenback is offered for S / 3,952 the purchase and S / 3,991 the sale. On the other hand, the exchange houses and ordinary money changers handle a price of S / 3.94 the purchase and S / 3.97 the sale.
What is the exchange rate?
To change a currency we use the exchange rate which is the price of the currency of one country (currency) in terms of another. It is also known as the exchange rate in other countries.
Why is the exchange rate important?
The exchange rate or exchange rate is important because it helps us to 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 a little more must be given.
Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
