The US currency operated in the local exchange market in a similar way to what happened internationally.
He dollar fell 0.08% compared to Wednesday and closed at 41,731 pesos, according to the price of the Central Bank of Uruguay (BCU), so it remains close to returning to the 42 peso range.
Despite this decline, the US currency remains positive at the beginning of the month, with an appreciation of 0.20%, coinciding with the outlook for the global dollar, while the improvement so far this year reaches 6.94%.
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 40.60 pesos for purchase and 43 pesos for sale. For its part, the preferential value of eBROU dollar It was at 41.10 pesos for purchase and at 42.50 pesos for sale.
The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 41,800 pesos, while the maximum price was also 41,800 pesos, and the minimum was 41,600 pesos. A total of 51 transactions were carried out, with a transaction amount of more than 23.2 million dollars.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 45.39 pesos for online purchases with a bank account or card, and from 43.60 pesos to 45.95 pesos in the Binance peer-to-peer (P2P) market.
The Uruguayan exchange market followed the behavior of the global dollar
The greenback thus operated in line with what happened globally, with a more moderate decline, since the dollar index fell by around 0.6%, after the decision of the United States Federal Reserve (Fed) to cut interest rates by 25 basis points.
The US central bank weighed the economic data and then, in a press conference, the president of the Fed, Jerome Powell maintained that “in the short term, the elections will have no effect on our political decisions”, on the effect of an eventual impact of the victory of donald trumpin monetary policy.
Despite this Thursday’s decline, the dollar would continue on a path of appreciation in the short term. Deborah Eilender, economist at the Center for Development Studies (CED), told Scope that the exchange rate “has been rising and is what we could expect and what happened in Trump’s previous term.”
The dollar during the previous days
- October 31 — 41,649
- November 1 — 41,589
- November 4 — 41,598
- November 5 — 41,559
- November 6 — 41,763
Source: Ambito
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