The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 38.98 pesos, while the average price of operations was 38,037 pesos. On this Tuesday, the number of transactions was a total of 73with an amount of operations that added $35.6 million.
The dollar rose 0.55% in February but accumulates a fall of 2.94% so far this year
The closing of today’s exchange day closed the records of February, which resulted in an increase in the exchange rate of 0.55% However, that increase was not enough to stay above the floor of 39 pesos. In the middle of the month, it reached 39.57 pesos, but later it fell sharply and intermittently rose, which did not allow it to return to those values.
The collapse occurred last week, when in just two days the exchange rate plummeted -1.9%, a setback that squandered all the accumulated increase that February had been showing.
Before the seesaw of recent days, the US currency had been showing an upward trend that generated expectation with the possibility of neutralizing the sharp drop of -3.29% in January 2023 and leaving a positive balance for the year accumulated. However, it did not end up reaching and the accumulated figure for the year registered a decrease of -2.94%.
Meanwhile, compared to January 28, the North American currency showed a positive monthly variation of 0.7% Compared to the same day but last year –February 28, 2022–, when the exchange rate was 42,715 pesos, the year-on-year variation was -8.94%.
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
