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The dollar rose 0.74% today, how did it do in the first half of March?

The dollar rose 0.74% today, how did it do in the first half of March?

So far this year, the US currency has depreciated 1.32% against the peso, but this month it has been showing a positive balance.

Photo: LaRepublica.pe

He dollar increased a 0.74% compared to yesterday, and remained in the 39,541 pesosaccording to the official interbank price of the Central Bank of Uruguay (BCU), a value similar to that registered exactly one month ago. Despite the wobble in the first days of March, the exchange rate has remained above the floor of 39 pesos for almost two weeks.

on the blackboard of Republic Bank (BROU), the dollar was offered to 38.35 pesos for purchase and 40.75 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38.85 pesos for purchase and 40.25 pesos for sale.

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 39.55 pesos, while the average price of operations was 39,541 pesos. Today the number of transactions was a total of 78with a number of operations that totaled almost 41 million dollars.

The dollar accumulates an increase of 1.67% so far in March

Last week, the dollar showed a negative balance of 0.42%. The previous week, which took the last days of February and the first days of March, had shown a positive result of 1.7%. Thus, with the rise of these first days in the third week, the balance for the first half of March shows that, so far this monthaccumulated an appreciation of the 1.67%.

The performance of the dollar in 2023 has been uneven, in January it fell again abruptly by 3.29%, after the annual collapse of 10.35% in 2022. The first half of February showed signs of a possible reversal of the situation , but the collapse of 1.9% in two days towards the end of the month left it with a positive balance of just 0.55%.

Now, with the rise registered in the first days of March, the North American currency returned to the range of 39 pesos and it remains relatively stable on that floor for 13 days.. Now, is 54 cents away from drilling it again.

bevsa15.3.jfif

With these numbers, so far in 2023 the foreign currency accumulates a negative balance of 1.32%. Meanwhile, regarding February 15, it showed a monthly variation positive of 0.5%

Compared to the same day but last year –March 15, 2022–, when the exchange rate was 42,684 pesos, the interanual variation was from 7.61% negative.

This last variable fell sharply in recent weeks, mainly because, by then, the dollar had already begun to fall after reaching the historical peaks it had recorded in the early days of last year.

Source: Ambito

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