24hoursworld

The dollar rebounded 0.55%, but closed the week in negative

The dollar rebounded 0.55%, but closed the week in negative

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 38.9 pesos, while the average price of operations was 38,764 pesos. On this Friday, the number of transactions was a total of 49with a number of operations that totaled more than $24.6 million.

The dollar fell -1.37% this week and accumulates a negative of -XX% in February

After three consecutive weeks in which the dollar appreciated against the peso, this week returned a negative balance of -1.37%, boosted by the collapse on Wednesday and Thursday. The collapse of those two days was such that in just two exchange days the exchange rate sank a -1.9% and all the accumulated increase that had been showing this month was squandered.

Now, despite this fall, the index accumulated in February was left with a slight increase in 0.22% with today’s rebound.

The US currency had been showing an upward trend in recent weeks, which generated expectations with the possibility of neutralizing the sharp drop of -3.29% in January 2023 and leaving a positive balance for the year, but with this important recoil that seems to have been far away.

Meanwhile, compared to January 24, the North American currency showed a monthly variation of -0.95%. According to today’s quote, so far this yearthe foreign currency accumulated a setback of -3.26%.

Compared to the same day but last year –February 24, 2022–, when the exchange rate was 43,025 pesos, the year-on-year variation was -9.9%

This last variable has been showing a downward trend in recent days mainly because, by then, the dollar had already begun to fall after reaching historical peaks that it had registered in the first days of last year.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts