the price of the dollar in October was the lowest in seven months

the price of the dollar in October was the lowest in seven months

According to Republic Bank (BROU)Last month the dollar fell one peso for purchase and 1.10 pesos for sale. The average monthly price was 39.82 pesos for the purchase and 42.25 pesos for the sale. On Monday, the last day of October, the dollar closed at 40,608 pesos, that is, with a rise of 0.1% from the previous close.

In March, the US currency had fallen 3.33% in Uruguay and then alternated months of stability and others of increases, such as the last three in which it increased 2.69% in July, 0.06% in August and 1.89 % in September.

The daily prices during October also alternated increases with falls, but the consecutive falls of the last five days of the month consolidated the monthly low.

What was the behavior of the dollar in Uruguay so far in 2022

So far this year, the dollar accumulates a drop of 9.14%while the percentage for the last few months is 8.07%.

Operations with the US currency through the Electronic Stock Exchange (Bevsa) were 686 during October for a total amount of 355.20 million dollars.

Source: Ambito

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