# Peru: BCP estimates U.S. dollar could decline to S/3.60 between March and April

> Banco de Credito del Peru said the sol could temporarily strengthen to about S/3.60-3.65 per dollar in March and April as companies sell dollars to pay income tax. The bank kept its year-end forecast of S/3.75 and cited solid copper and gold prices supporting external accounts.

- Date: 2025-03-14 · published 2025-03-14T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/25886-peru-bcp-estimates-u-s-dollar-could-decline-to-s-3-60-between-march-and-april
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Temporary sol appreciation lowers the local-currency cost of imported feed ingredients for Peruvian buyers over the short term. The effect is seasonal and small relative to global feed price drivers.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- andina.pe: https://andina.pe/ingles/noticia-peru-bcp-estimates-us-dollar-could-decline-to-s360-between-march-and-april-1022253.aspx

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.