The US dollar opened higher against the Peruvian sol on Wednesday, trading at S/3.3980.
The rate marks a modest recovery from the previous close, reversing a recent downward trend for the greenback in the South American market.
The move reflects broader global strength in the US currency, which has been gaining ground across emerging markets.
Traders are positioning ahead of the release of Peru’s key inflation data, which is expected to provide clarity on the local monetary policy outlook.
This uptick follows a period of volatility for the pair.
Earlier in the week, the dollar had traded as high as S/3.415 before pulling back.