Overview
- The BCRP reported a December 31 official close of S/3.3640 after an opening at S/3.3650.
- The interbank rate on the day averaged S/3.3628, with a high of S/3.3640 and a low of S/3.3620, according to market data.
- BBVA Research places the 2025 closing range at S/3.35–S/3.45 and sees room in 2026 for movement toward the lower bound on solid macro fundamentals and a softer global dollar.
- BBVA economist Francisco Grippa cautions that the campaign period could bring temporary upward pressure on the rate followed by a post‑electoral easing.
- Markets track both official quotes and the informal ‘dólar Ocoña’ reference, with January 1 parallel quotes around S/3.350 for buying and S/3.370 for selling alongside posted bank rates.