He dollar went down a 0.48% compared to yesterday, and remained in the 38,648 pesosaccording to the official interbank price of the Central Bank of Uruguay (BCU). In this way, it closed March with a negative balance of 0.63% and accumulates a fall of 3.55% so far this year.
on the blackboard of Republic Bank (BROU), the dollar was offered to 37.4 pesos for purchase and 39.9 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 37.9 pesos for purchase and 39.4 pesos for sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 38.66 pesos, while the average price of operations was 38,648 pesos. Today the number of transactions was a total of 70with an amount of operations of just over 35 million dollars.
The dollar sank 3.55% so far this year
The behavior of the dollar in March was erratic. In the first half of the month it showed a favorable evolution that placed it at its maximum value in the two previous months. The March 16 price had not been seen since January 16, 2023, when the dollar reached 39.86 pesos.
However, from there, a sustained downward trend began to be seen. Thus, of the last 11 days, the foreign currency depreciated in nine of them. After falling 1.42% last week, this week closed with another negative balance of 0.73%.
Thus, of the accumulated 1.5% that showed March Last Thursday the 16th, the US currency registered a decrease of 0.63% this month. The expectations that the evolution of the current month would neutralize the strong drop in January (-3.25%) were, meanwhile, buried.
With the practically sustained fall of the last days, the currency He returned to the 38-peso range, in which he had not been since February, and since then he has not managed to exceed the threshold of 39 pesos. March has only one exchange day left, in which the US currency should appreciate 0.43%.
This way, so far in 2023 the foreign currency accumulates a drop of 3.55%. While, compared to the same day but last year -March 31, 2022-, when the exchange rate was 41,115 pesos, the interanual variation was from 6% negative. It has been a long number of months since this variable has not been below 6 percentage points, and in the last two days it has.
The year-on-year indicator fell sharply in recent weeks, mainly because, by then –beginning of 2022–, the dollar had already begun to fall after reaching the historical peaks it had registered in the first days of last year. Meanwhile, now, the year-on-year variation remains balanced and collapses every time the current exchange rate rises.
Source: Ambito
