US dollar softens to S/3.40 against Peruvian sol, extending recent decline

The greenback continues its downward trajectory in South America, trading lower for a third consecutive session as the Central Reserve Bank of Peru reports Monday's rate.

By Handelsavisen Newsroom · Automated 2026-08-03 11:12 UTC · 1 min read

The US dollar weakened against the Peruvian sol on Monday, settling at S/3.40 according to data from the Central Reserve Bank of Peru (BCRP).

The move marks a continuation of the greenback’s recent softening trend in the South American market, following a decline on Tuesday and a session at S/3.41 on Thursday.

The currency pair has been under pressure as the sol gains ground, with the rate dipping to S/3.39 on Wednesday before ticking up slightly to the current level.

This sequence of trades highlights a persistent shift in sentiment toward the local currency, driven by stable domestic economic indicators and steady capital flows.

For traders and investors, the steady depreciation of the dollar against the sol reduces import costs for US-denominated goods and services in Peru.

The trend also supports local purchasing power, potentially easing inflationary pressures in key sectors such as energy and technology imports.