The price of dollar it fell again for the third consecutive day until it pierced the floor of 39 pesos to close yesterday at 38.945 pesos according to the interbank dollar of the Central Bank of Uruguay (BCU), far from the values of last week that had revived expectations of a price above 40 pesos.
on the blackboard of Bank Republic (BROU), the US currency was offered at 37.75 pesos for purchase and 40.15 pesos for sale. On the other hand, the preferential value of the eBROU dollar it was at 38.25 pesos for the purchase and 39.65 pesos for the sale.
The number of transactions in the Electronic Stock Exchange of Uruguay (Bevsa) It was out of a total of 36, with an amount of operations that totaled more than 20.1 million dollars (average price of 38,945 pesos).
The number of transactions represents 59% of those registered on Thursday of last week, when the dollar reached its highest value in two months. That exchange day the average price of transactions was 39,679 pesos.
On Thursday, the interbank dollar reached 39.679 pesos, which represented a rise of 0.35% compared to the previous day and accumulated a rise of 2.02% in March, remaining close to the expected 40 pesos, a value that does not register from December 27, 2022.
The currency’s upward movements last week occurred in the midst of the crisis in the international banking sectorwhich also had an impact on the largest stock markets in the world.
The turbulence in the global financial system thus generated a ‘fly to quality’, leading Latin American currencies to depreciate. The Uruguayan peso was no exception and this week we are seeing a correction of that effect.
Source: Ambito
