He dollar rose 0.03% compared to Thursday and closed at 40.346 pesos, according to the exchange rate. Central Bank of Uruguay (BCU), also completing its second consecutive weekly rise, also of 0.03%.
The greenback consolidates its value above 40 pesos and accumulates an appreciation of 3.39% so far this year, partially correcting the exchange rate lag which generated criticism from different sectors between this year and 2023.
On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39.10 pesos for purchase and 41.60 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 39.60 pesos for purchase and 41.10 pesos for sale.
The closing price in the Electronic Stock Exchange of Uruguay (Bevsa) was 40,360 pesos, while the maximum price was 40,380 pesos, and the minimum was 40,300 pesos. A total of 90 transactions were made, with a transaction amount close to 50 million dollars.
Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 43.73 pesos for online purchases with a bank account or card, and from 41.50 pesos to 44.58 pesos in the Binance peer-to-peer (P2P) market.
The dollar rose globally
He Uruguayan foreign exchange market thus followed the international trend, with a dollar index which appreciated 0.2% this Friday, reaching 101.21 units, after it was announced that employment in USA grew less than expected in August.
Specifically, US nonfarm payrolls rose by 142,000 jobs last month after a downwardly revised increase of 89,000 in July, thus strengthening the idea that the Federal Reserve (Fed) will cut interest rates several times in the coming months.
According to data from LSEG, Traders now see a 31% chance that the Fed will cut its benchmark rate, now in the 5.25% to 5.50% range, to a 4.75% to 5% range at its next meeting on the 17th and 18th of this month, up from a roughly 43% chance of that outcome before the report, leaning toward a quarter-point reduction.
The dollar in the previous days
- August 30 — 40,335
- September 2 — 40,296
- September 3 — 40,333
- September 4 — 40,367
- September 5 — 40,333
Source: Ambito
