Today: February 6, 2025
February 6, 2025
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Commercial War between the US and China: What currency should it save?

Commercial War between the US and China: What currency should it save?

After the commercial war between the United States and China, some uncertainty has been generated on the impact on coins. While in the Peru volatility has not been reflectedas advanced Peru21the doubt arises in which currency should be saved.

The Professor of the Pacific Business School, Jorge Carrillo, said that there is a perception that the dollar It is a safer currency than the sun, but recalled that the local currency has been the strongest in the last 24 years.

“But beyond perception, today the exchange rate moves a bit, but it is not so pronounced. If Donald Trump’s measures are completed, it may be that the American currency is slightly strengthened, but it will not be so pronounced” , he said.

In that sense, he pointed out that today savings and deposit accounts in soles have higher yield than in dollars. For example, according to the page of the Superintendence of Banking, Insurance and AFP (SBS), a fixed -term deposit for S/5,000 to 360 days, can have an annual effective rate of performance (TREA) of 6.25%; While at US $ 1,500, during the same period, it has a TREA of up to 3.25%.

“If in dollars it gives you less than in Soles, it doesn’t make much sense to save in that currency,” he told this medium. In that sense, he said that saving on the green ticket is recommended in case a person wants to travel outside the country or buy a car in dollars.

Dollar today

The exchange rate initiated the day today quoting at S/3,708 in the interbank market. This price is below S/3,717 a day before. Until last Wednesday, the green ticket accumulated a 1.17% drop in Peru, according to data from the Central Reserve Bank.

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