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LIVE exchange rate: watch the exchange rate TODAY, Wednesday, March 2

check the dollar price in Peru today, Wednesday, March 2, for purchase and sale in the parallel market and in the main banks. On Tuesday, March 1, the greenback closed with a value of 3.7900 at 1:30 pm according to information provided by the Central Reserve Bank of Peru (BCRP).

At the national level, the government of Pedro Castillo published the Legislative Decree that dictates measures to strengthen the National bank, in order to guarantee its long-term financial solvency and modernize its human, logistical and technological resources management instruments. With this, it is expedited to compete with traditional banking.

Likewise, according to the National Institute of Statistics and Informatics (INEI), in February 2022, the Consumer Price Index in Metropolitan Lima (IPC) accumulated a growth of 0.31%, very close to the 0.36% of September 2021. Thus, annualized inflation registers 0.35%. Meanwhile, the CPI at the National Level grew 0.46%.

For its part, in the world market, which remains concerned after the Russian attack on Ukraine and the sanctions imposed on Moscow, bags European shares fell in opening and mid-trade. At mid-day, the Frankfurt DAX index fell 2.77%, while the Paris CAC lost 3.09%, Milan -1.41% and London -1.08%. For its part, the Ibex 35 of Madrid yielded 2.43%. Meanwhile, the bags Asia closed positive: Tokyo gained 1.20%, Hong Kong +0.21% and Shanghai +0.77%.

Live: Exchange rate today, March 2

Location of the dollar in the parallel market

The dollar is located today, March 2 in the parallel market with S/3,740 for purchase and S/3,780 for sale. Also, in its previous day the dollar closed higher with S / 3.7880, according to the BCRP.

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.

Source: Larepublica


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