US dollar softens to S/3.41 against Peruvian sol as greenback weakness persists

The US dollar traded at S/3.41 against the Peruvian sol on Thursday, according to data from the Central Reserve Bank of Peru (BCRP).

The rate marks a continuation of the greenback’s recent softening trend in the South American market.

The move follows a session on Wednesday where the dollar was already trading at S/3.40.

The consistent downward pressure on the exchange rate suggests sustained buying interest in the local currency or a broader lack of demand for dollars in the region.

This repricing reflects a gradual shift in sentiment, with the sol strengthening incrementally over the past few trading days.

The stability of the rate near the 3.40 level indicates that market participants are not aggressively betting on a sharp reversal in the near term.