The US currency comes from a sharp fall in 2022. Several economic sectors resume their exchange rate delay claims.
While yesterday the dollar fell a 0.43% compared to the day on Friday, so far in March it has risen $0.32 pesos, representing an increase of 0.84% although in an annual reference, it obtained a fall of 2.13%.
The dollar closed yesterday at 39,218 pesosaccording to the official price of the Central Bank of Uruguay (BCU). Despite this setback, the US currency remained above the floor of 39 pesos, closing above the last low, registered on February 28, after three days on the rise. However, compared to his behavior so far this year, he got a drop of 2.13%.
On the reference board of the Republic Bank (BROU), the dollar was offered to 38.05 pesos for the buysand 40.45 pesos for the sale. On the other hand, the preferential value of the eBROU dollar He was in 38.55 pesos for the buysand 39.95 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 39,220 pesoswhile the price maximum it was of 39,270 pesosand the minimum of 39,200 pesos. Yesterday, the number of transactions was a total of 29with a total amount of operations of $14,223,673.46without registering movements of NDF dollar.
The price of the dollar over the last five days
- February 27 — 39,037
- February 28th – 38,893
- March 1 — 38,897
- March 2 — 39,137
- March 3rd – 39,428
Lacalle Pou acknowledged that the exchange rate is not competitive
Within the framework of the official opening of the rice harvest 2023 organized by the Rice Growers Association (HERE) in RiveraPresident Luis Lacalle Pou acknowledged that his government has not yet managed to establish a competitive exchange rateDespite the interventions of the Ministry of Economy and Finance (MEF), and reach agreements for the purchase of dollars with state companies before and joint venture. The head of state blamed the situation on the “enormous” amount of foreign currency that has entered through “exports and tourism” in recent months.
For the president, this is still an aspect to be corrected from the Executive powerin which the government should be “closer” in its work to face a problem It presents different degrees of difficulty. Despite this, he positively assessed that, after all, the problem to be solved is due to the inflow of dollars from abroad.
Source: Ambito
