The dollar had a slight rise of 0.08% and is worth the same as at the beginning of April

The dollar had a slight rise of 0.08% and is worth the same as at the beginning of April

He dollar backed up a 0.08% compared to yesterday, and remained in the 38,646 pesosaccording to the official interbank price of the Central Bank of Uruguay (BCU). Thus, the foreign currency carries more than three weeks below the floor of 39 pesos and it returned to almost the same value with which it began on April 1.

on the blackboard of Republic Bank (BROU), the dollar was offered to 37.5 pesos for purchase and 39.9 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38 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 38.68 pesos, while the average price of operations was 38,646 pesos. Today the number of transactions was a total of 68with an amount of operations of almost 33 million dollars.

The dollar accumulates a fall of 3.56% so far in 2023

In the first 12 days of April, the exchange rate showed slight variations both downwards and upwards. However, in the accumulated balance of the month, the dollar remained today at practically the same value as on the 1st of April, when the price marked 38.648 pesos –only 0.002 pesos more–. Meanwhile, after the fall of 0.63% in March, the current month accumulates a red of just 0.01%.

Almost a month ago, the dollar hit its highest in the two months up to then – on Thursday, March 16 – but from there, it began a sharp downward path. Meanwhile, neither February nor March managed to neutralize the strong drop in January (-3.25%).

In addition, with the practically sustained fall in recent weeks, 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. In fact, they go over three weeks where you can’t do it. It is now just over $0.36 away from it.

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This way, so far in 2023 the foreign currency accumulates a fall of 3.56%. Regarding last March 12, the monthly variation registered is from 1.56% in red.

While, compared to the same day but last year -April 12, 2022-, when the exchange rate was 41,304 pesos, the interanual variation is from 6.43% negative. It has been a long time since this variable was positioned at these levels and now it has been there for more than a month.

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 weeks of last year. Meanwhile, now, the year-on-year variation remains balanced and collapses every time the current exchange rate rises.

Source: Ambito

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