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Dollar in Peru Closes at S/3.4940 on Sept. 26 After Cautious Fed Signals

Market tone reflects cautious Federal Reserve signals.

Overview

  • The Banco Central de Reserva del Perú set the official interbank dollar at S/3.4940 at Friday’s close.
  • Interbank trading on Sept. 26 averaged S/3.4961 with a session high of S/3.5010 and a low of S/3.4900.
  • In the parallel market, the dólar Ocoña was quoted at S/3.480 to buy and S/3.510 to sell, with average bank quotes near S/3.501 for purchase and S/3.511 for sale.
  • Early Saturday, cuantoestaeldolar.pe showed the street rate around S/3.477 for buying and S/3.505 for selling.
  • Traders referenced Jerome Powell’s cautious remarks as a driver while markets still price two U.S. rate cuts this year, and the dollar is down about 7.10% versus its last 2024 quote of S/3.761.