USD/PEN falls to S/3.403 as global dollar weakness extends

The Peruvian sol gained ground against the US dollar on Thursday, closing at S/3.403. The move reflects a broader retreat in the greenback that has persisted through the week.

By Handelsavisen Newsroom · Automated 2026-07-02 22:21 UTC · 1 min read

The US dollar weakened against the Peruvian sol on Thursday, closing at S/3.403.

The rate represents a 0.38% decline from the previous session’s settlement of S/3.416, marking a continued softening of the greenback in the Latin American currency market.

Traders noted that the session was characterized by a strong bearish bias for the US dollar across major pairs, which translated into gains for the sol.

The downward pressure on the dollar was driven by a broad-based global sell-off of the currency.

Traders noted that the session was characterized by a strong bearish bias for the US dollar across major pairs, which translated into gains for the sol.

This follows a similar trend earlier in the week, when the dollar had already retreated to S/3.4090 on Tuesday, down 40 points from Friday’s level of S/3.4130.

The Central Reserve Bank of Peru (BCRP) data indicates that the sol has been gradually strengthening, with the rate softening from Wednesday’s opening level of S/3.415.