Banks in Peru allow you to save in more than one currency. You can not only save in soles as most do, but also in dollars.
Know in which of the two currencies you should save and why. Compare the offers of different banks and stay with the one that offers you more interest for your savings.
Evaluate the interest the bank will pay you
Before opening a soles or dollars account, investigate the amount of interest the bank will pay you. Compare well if you will generate more interest in one currency or another.
You should initially save in the currency that pays you more interest . I tell you that the savings in dollars , generally do not have as much profitability in the country as those of soles.
Save on the currency you are going to spend
When you take out a loan it is always better to take it out in the currency in which you receive your income. This is also convenient when you save since you have to think about the currency in which you will spend this fund in the future.
If you are going to spend it on purchases or consumption in soles , it is better that you save on this type of currency.
You have to be realistic when choosing
If you receive your income in soles and want to save in dollars you should keep in mind that the US currency is not stable and not even those skilled in the art can know if it will increase or decrease its value tomorrow. If you want to save with the certainty that your money grows it is better that you choose your local currency.
We recommend you save in local currency (soles). If you want to generate greater profitability, compare the offers of different banks and stay with the one that offers you more interest for your savings.