The US dollar weakened further against the Peruvian sol on Monday, continuing a recent trend of softening in the greenback across South American markets.

Local financial media reported steady trading activity as the currency pair moved lower, reflecting broader risk sentiment and a lack of immediate pressure on the dollar.

This latest move follows a series of declines over the previous trading week.

Data from the Central Reserve Bank of Peru (BCRP) showed the dollar trading at S/3.40 on Wednesday, before weakening further to S/3.41 on Thursday.

The consistent downward pressure suggests that market participants are adjusting positions ahead of key macroeconomic data releases.

The softening of the dollar against the sol is part of a wider regional pattern, where emerging market currencies have shown resilience amid shifting global liquidity expectations.