The dollar climbed again and consolidated in the $43 range

The dollar climbed again and consolidated in the  range

He dollar rose 0.06% compared to Friday and closed at 43.183 pesos in the interbank price of the Central Bank of Uruguay (BCU), adding to the record reached last week where it was taken to a new maximum in more than 33 months by entering the 43 peso range for the first time since February 24, 2022.

The North American currency now accumulates a monthly appreciation of 3.26% in November and an annual appreciation of 10.66%, since its price is 4.16 pesos above that registered after the close of the last exchange day of the last year.

On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 41.95 pesos for purchase and 44.35 pesos for sale. For its part, the preferential value of eBROU dollar It was at 42.45 pesos for purchase and at 43.85 pesos for sale.

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The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 43,150 pesos, while the maximum price was 43,100 pesos, and the minimum was 43,183 pesos. A total of 32 transactions were carried out, with a transaction amount of 16 million dollars.

The path of the dollar in 2024

He dollar It closed the month at 43,158 pesos and is at its highest value in more than two and a half years, the product of a notable appreciation so far this year, with eight consecutive monthly increases.

Although the improvement in the accumulated annual figure is 10.6%, when analyzing the value of the greenback from its lowest point in the year, the increase is even greater and exceeds any market forecast, removing the ghosts of the exchange delay.

He dollar reached its minimum point in 2024 on March 26, remaining at 37,507 pesos, according to the price of the Central Bank of Uruguay (BCU). Therefore, when comparing this value with the current one, an increase of 15.07% in eight months is evident.

The contrast is notable, since in March it closed its worst monthly performance, with a decrease of 3.83%. Since then, the us currency It operated upwards: in the second quarter, it was an increase of 2.04% in April, 1.24% in May and 3.09% in June, when it reached 40 pesos.

In July and August, the improvements were more attenuated, of 0.71% and 0.15%, while in September it accumulated a recovery of 3.24% to exceed 41 pesos, in the heat of uncertainty due to the plebiscite of the PIT-CNT about the social security.

Finally, after an almost neutral balance in October, but positive in the order of 0.02%, its most auspicious month of the year arrived, with the increase of 3.62% in November, which catapulted the dollar above 43 pesos , something that has not happened since February 2022.

Source: Ambito

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