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Dollar in Peru LIVE: Price today Friday, October 28, 2022

the dollar today

the dollar today
the dollar today

According to the portal how much is the dollar.pethis is the price of the US currency, according to state entities.

Peruvian sol strengthens against the dollar

The Peruvian sol strengthens again against the dollar.
The Peruvian sol strengthens again against the dollar.

On the day of last Thursday, the Peruvian sol appreciated 0.3% so far in 2022 against the dollar, while other currencies in the region take different directions. This happens in a context of recovery of the United States economy in the third quarter of the year.

Thus, the dollar index recovered after two consecutive days of decline while European currencies such as the pound sterling and the euro depreciated sharply. But despite the appreciation of the greenback, the Peruvian sol continues to strengthen so far this year.

Credicorp Capital: rise in the dollar responds to higher interest rates in the world

The rise of the dollar responds to higher interest rates in the world and to global uncertainty.
The rise of the dollar responds to higher interest rates in the world and to global uncertainty.

The dollar price has been rising in the world as a refuge currency in the face of the global uncertainty that arises and the rise in interest rates in the United States has caused this trend to be further strengthened, said the general manager of Credicorp Capital SAF, Rocío Coloma.

“The dollar has several components. This currency in the world has been rising as a refuge currency and the high interest rates have made the dollar grow even more”, commented the specialist.

Added to this is political instability on the local scene, which also has repercussions on the search for the US currency, he said. In that sense, the price of the dollar in the country would close the year above four soles, projected the executive of Credicorp Capital SAF.

This has been the performance of the US currency during this year

According to FocusEconomics Consensus Forecast LatinFocus, in their October 2022 report, they forecast that the price of the dollar would be at S/ 3.95 at the end of the year.
According to FocusEconomics Consensus Forecast LatinFocus, in their October 2022 report, they forecast that the price of the dollar would be at S/ 3.95 at the end of the year.

So far from 2022, to October 24, the foreign currency appreciated 0.28%, taking into account that the dollar price closed last Monday at S/ 4,002, after ending 2021 at S/ 3,991.

So far this year, as of October 21, the Central Reserve Bank (BCR) intervened directly in the market selling US$ 1,226 million, according to figures from the monetary authority.

It should be noted that the price of the dollar fell 0.18% at the end of the third quarter of this year, since it ended September 30 at 3,984 soles, according to information from the BCR.

The price of the US currency advanced 3.35% in September 2022 compared to the previous month, after having ended on August 31 last at 3,855 soles.

The analysts of FocusEconomics Consensus Forecast LatinFocusin their October 2022 report, predicted that the price of the dollar would be 3.95 soles at the end of the year.

Price of the dollar in Peru fell again and closed at S / 3.97 this Thursday

This is the price of the dollar today, Thursday, October 27, 2022, according to the BCR.
This is the price of the dollar today, Thursday, October 27, 2022, according to the BCR.

During the day this Thursday, October 27, the dollar price The US closed lower again and stood at S/ 3.9760, registering a decline of 0.33% compared to Wednesday’s settlement at S/ 3.9890, according to the Central Reserve Bank of Peru (BCRP).

So far in 2022, the American currency accumulates a decline of 0.38% compared to the last price of 2021, at S / 3,991.

In the morning, the exchange rate in the parallel market was trading at S/ 3,965 for purchase and S/ 3,990 for sale. While in the windows of the main banks it reached S / 4,0060.

According to the ranking of Bloomberg of the main currencies of Latin America, during this year, the Peruvian currency against the dollar, despite having registered two consecutive days exceeding the S/ 4.00 barrier, still continues to appreciate by 0.3%, surpassed by the Mexican peso with 2.9 %, the Brazilian real with 3.6%, the Uruguayan peso with 9.2%. While the Chilean peso registers a depreciation of -10.4% and the Colombian peso of -16.5%.

What to do before the strengthening of the dollar?

The interest rate adjustment policy of the United States Federal Reserve could continue to rise.
The interest rate adjustment policy of the United States Federal Reserve could continue to rise.

According to Washington Lopez, CEO of Washington Capitall, the strengthening of the dollar occurs due to external and macroeconomic factors, such as the contractionary monetary policy of the Federal Reserve in the United Stateswhich seeks to counteract the blows of an inflation that has not been seen in the last 40 years.

Thus, currencies such as the euro, the pound sterling and the yen also registered historical lows. And this strengthening of the dollar affects Latin American currencies, which is why, this year alone, in May it was recorded at S/3.60, and now in October it reached S/4.00, with the prospect of being above this level in the next few months.

“It is important to note, from now on, that the situation can get worse, our estimate is that the dollar will exceed the barrier of S / 4.15 or even S / 4.30, that is why Peruvians still have time to dollarize their surpluses or capital so as not to be affected by this depreciation of the exchange rate,” López said.

He added that this look should be medium-term, for people who seek to dollarize their surpluses and not change them to soles in a good time since, if they return to the local currency in a year, they would be executing a loss in case they need to make use of these Suns.

BCR intervention today

The president of the BCR, Julio Velarde, predicts that the rise in interest rates is
The president of the BCR, Julio Velarde, predicts that the rise in interest rates is “close to the limit.”

At 11:05 a.m.: Exchange Swap Sale (fixed rate) for S/ 200 million at 3 months, at an average rate of 3.71 percent.

At 10:20 a.m.: The following auction was called: Exchange Swap Sale (fixed rate) at 3 months for S/ 200 million.

At 09:50 a.m.: Exchange Swap Sale (fixed rate) for S/ 300 million at 3 months, at an average rate of 3.75 percent.

At 09:20 a.m.: The Central Reserve Bank (BCR) called the following auction: Exchange Swap Sale (fixed rate) at 3 months for S/ 300 million.

The dollar opened slightly lower at the beginning of the session this Thursday, October 27

The dollar in Peru registers a downward trend, after exceeding the barrier of S / 4.00 for two consecutive days.
The dollar in Peru registers a downward trend, after exceeding the barrier of S / 4.00 for two consecutive days.

The price of the US dollar in Peru opened the day this Thursday, October 27, with a slight drop, after Standard & Poor’s (S&P)rwould uphold the country’s credit rating and keep it on a stable outlook.

The exchange rate It operates at S/ 3.9846 per dollar, registering a drop of 0.11% compared to Wednesday’s close at S/ 3.9890, according to information from the Bloomberg agency.

This morning, the price of the US currency in the parallel market or exchange houses is S/ 3,995, while in the windows of the main banks it is quoted at S/ 4.08.

It should be noted that this slight drop recorded today occurs after the recent economic data from the United States reinforced speculation that the Federal Reserve will stop the rise in interest rates.

Price of the dollar in Peru falls and closed at S / 3.98 this Wednesday

The price of the greenback closed with a slight fall, after Standard & Poor’s (S&P) ratified Peru’s credit rating and kept it in a stable perspective.

The slight drop in the greenback recorded today comes after recent US economic data reinforced speculation that the Federal Reserve will curb interest rate hikes.
The slight drop in the greenback recorded today comes after recent US economic data reinforced speculation that the Federal Reserve will curb interest rate hikes.

The price of the US dollar in the Peru closed this Wednesday, October 26, at S/ 3,989, registering a decline of 0.25% compared to Tuesday’s close at S/ 4.00, according to the Central Reserve Bank of Peru (BCR).

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