# The dollar closes at S/3.44 after oil decline and weakening of global currency

> The US dollar closed at S/3.446 in Peru's interbank market, down 0.46% from the prior session. The dollar weakened internationally, the DXY fell 0.42% to 101.464, and oil prices retreated amid reactions to the US midterm election results.

- Date: 2026-11-04 · published 2026-11-05T00:11:16.903Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/80718-the-dollar-closes-at-s-3-44-after-oil-decline-and-weakening-of-global-currency
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A weaker dollar and lower oil prices reduce the cost of dollar-denominated feed imports for Peru and similar emerging markets, and relieve pressure on input costs.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- USDPEN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-23 | [Rand defies pressure: US tariffs fail to weaken currency’s surge against the Dollar](https://feedsoft.ai/events/23181-rand-defies-pressure-us-tariffs-fail-to-weaken-currency-s-surge-against-the.md) | +0.3% | +0.9% |
| DXY | 2021-05-25 | [Floundering dollar falls to bottom of global currency heap](https://feedsoft.ai/events/47282-floundering-dollar-falls-to-bottom-of-global-currency-heap.md) | -0.4% | +1.8% |
| DXY | 2020-07-29 | [Is the US dollar losing its clout as the world's reserve currency?](https://feedsoft.ai/events/52391-is-the-us-dollar-losing-its-clout-as-the-world-s-reserve-currency.md) | +0.4% | -0.4% |
| DXY | 2023-07-13 | [Fund Investors Bet Against US Dollar After Fed Rate Hikes, Currency Weakening - Bloomberg](https://feedsoft.ai/events/9982-fund-investors-bet-against-us-dollar-after-fed-rate-hikes-currency-weakening.md) | -0.2% | +1.6% |
| DXY | 2021-08-27 | [Asian Currency Outlook: Bearish Bets Decline as Dollar Eases](https://feedsoft.ai/events/45814-asian-currency-outlook-bearish-bets-decline-as-dollar-eases.md) | -0.9% | -0.0% |
| WTI | 2023-11-07 | [Canadian dollar weakens despite wider trade surplus - The Globe and Mail](https://feedsoft.ai/events/33410-canadian-dollar-weakens-despite-wider-trade-surplus-the-globe-and-mail.md) | -3.2% | -11.3% |
| WTI | 2024-01-31 | [Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail](https://feedsoft.ai/events/32333-canadian-dollar-weakens-as-fed-rate-signal-offsets-gdp-gain-the-globe-and-mail.md) | -6.0% | +1.3% |
| WTI | 2023-05-31 | [Canadian dollar pares monthly decline as rate hike bets climb - The Globe and Mail](https://feedsoft.ai/events/36178-canadian-dollar-pares-monthly-decline-as-rate-hike-bets-climb-the-globe-and-mail.md) | +3.3% | +0.1% |

## Sources

- elcomercio.pe: https://elcomercio.pe/economia/peru/el-dolar-cierra-en-s344-tras-caida-del-petroleo-y-debilitamiento-de-la-divisa-global-l-ultimas-noticia/

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