Rextie Business released an analysis on March 16 detailing the performance of the dollar during the week, highlighting moderate fluctuations in Peru’s exchange rate influenced by international factors and increased investor caution.
The report is significant as it provides insight into how global economic data and geopolitical tensions are affecting currency markets, particularly in Peru. The analysis helps businesses and individuals understand potential impacts on trade, investment, and financial planning.
According to Rextie Business, the Peruvian sol experienced moderate changes against the dollar throughout the week. On Monday, March 9, the interbank market closed with the dollar at S/ 3.4905, while by Friday, March 13, it had decreased to S/ 3.4530. These movements were attributed mainly to external influences such as macroeconomic data from the United States and rising tensions in the Middle East.
Internationally, Rextie Business noted that the US Dollar Index surpassed 100 points due to increased demand for safe-haven assets amid global uncertainty. Economic indicators from the United States showed signs of a slowdown toward late 2025. The Department of Commerce revised its estimate for fourth-quarter GDP growth from 1.4% to 0.7% year-on-year, indicating a moderation in economic expansion. Inflation figures also played a role; core Personal Consumption Expenditures (PCE) inflation remained at 3.1%, while overall inflation eased slightly to 2.8%.
Geopolitical developments further contributed to market volatility. Statements by President Donald Trump regarding possible actions against Iran heightened concerns about energy supply stability and reinforced demand for safe-haven currencies like the dollar.
Locally, Rextie Business reported that Peru’s Central Reserve Bank kept its benchmark interest rate at 4.25%, aligning with market expectations. February’s Consumer Price Index rose by 0.69%, driven mainly by higher water tariffs and some food prices; core inflation was recorded at 0.36%. The central bank indicated that inflation could temporarily reach the upper end of its target range due to climate factors and disruptions in natural gas supplies.
Looking ahead, Rextie Business said markets will focus on upcoming geopolitical events and key monetary policy decisions internationally—particularly those expected from the Federal Reserve meeting on March 17-18—and new economic indicators such as producer price data and US labor statistics. In Peru, exchange rates are expected to remain between S/ 3.4300 and S/ 3.4800 in coming sessions, with tax payment periods potentially increasing dollar supply locally.
