He dollar increased a 0.35% compared to yesterday, and remained in the 39,679 pesosaccording to the official interbank price of the Central Bank of Uruguay (BCU). Thus, the US currency accumulated a rise of 2.02% so far in March, it was close to the “floor” of 40 pesos and reached values that had not been recorded since the beginning of the year.
on the blackboard of Republic Bank (BROU), the dollar was offered to 38.4 pesos for purchase and 40.8 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38.9 pesos for purchase and 40.3 pesos for sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 39.61 pesos, while the average price of operations was 39,679 pesos. Today the number of transactions was a total of 61with a number of operations that totaled more than 41 million dollars.
The highest price of the last two months
With the rise recorded in the first weeks of March, the US currency not only returned to the range of 39 pesos and it remains relatively stable on that floor for two weeks, but now it is only 33 cents away from breaking through the floor of 40 pesos and returning to that range.
This is the highest price in the last two months. The last time it was worth more was on January 16, 2023, when it touched 39.86 pesos.
The dollar accumulates an increase of 2% in March
Beyond the negative balance of the first week last (-0.42%), the dollar has rebounded strongly in recent days and the balance for the first half of March shows that, so far this monthaccumulated an appreciation of the 2.02%.
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, March, is presented as an opportunity to bring the price back to the values of the beginning of this year.
With these numbers, so far in 2023 the foreign currency accumulates a fall of the 0.98% Of the 51 closings of exchange sessions that have taken place so far this year, this is the tenth highest value of the dollar. Meanwhile, to return to the values of January 1 (40,071 pesos), the currency should earn about 40 cents at the end of the month.
Regarding February 16, the exchange rate showed a monthly variation positive of 0.27% While, compared to the same day but last year -March 16, 2022-, when the exchange rate was 42,652 pesos, the interanual variation was from 6.97% negative.
It is the first time in a large number of months that this last variable is below 7 percentage points. In the last few weeks, it fell sharply mainly because, by then, the dollar had already started to fall after touching the historical peaks it had registered in the first days of last year.
Source: Ambito
