Overview
- The official interbank closing rate was S/3.3650 per US$ on Wednesday, a marginal dip from S/3.3660 the prior session, according to the central bank.
- Interbank activity averaged S/3.3640 with a session high of S/3.3650 and a low of S/3.3630.
- In the parallel market, quotes stood near S/3.350 to buy and S/3.370 to sell, while bank averages hovered around S/3.360 to buy and S/3.372 to sell.
- A softer greenback, a positive U.S. equity session and light year-end volumes shaped trading, with markets assigning roughly a 20% chance of a Federal Reserve cut in January.
- BBVA Research projects a 2025 year-end exchange rate in the S/3.35–S/3.45 range, noting sol strength alongside an improved balance of payments.