The dollar rose 0.59% and started May above $39

The dollar rose 0.59% and started May above $39

The foreign currency closed April with a positive 0.35% and accumulated a fall of 2.64% so far this year.

Photo: Pexels / Karolina Grabowska

He dollar went up a 0.59% compared to the last exchange day and closed today in 39,015 pesosaccording to the official price of the Central Bank of Uruguay (BCU). The US currency had closed April with a positive 0.35%, but below the floor of 39 pesos. Today, on the first exchange day of May, it returned to values ​​above that threshold after 10 days.

on the blackboard of Republic Bank (BROU), the dollar was offered to 37.85 pesos for purchase and 40.25 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38.35 pesos for purchase and 39.75 pesos for sale.

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 39.05 pesos, while the average price of operations was 39,015 pesos. Today the number of transactions was a total of 17with an amount of operations of just over $19.5 million.

The dollar accumulates a fall of 2.64% so far in 2023

Although the expectation was that the exchange rate would end April negative, finally, with the rebound last Friday, the accumulated rate remained at 0.35%, that is, slightly above the values ​​when the month began, so which did not manage to offset the enormous drop in January (-3.25%), paid for by the drop of 0.63% in March. Meanwhile, of the first four months of the year, two were in the red and two were positive.

If compared to last April 2, the monthly variation registered is from 0.95%. A month and a half ago, the dollar reached its maximum in the two months up to then – on Thursday, March 16 – but from there, it began a sharp downward path that kept it below the floor of 39 for four weeks. pesos. Now, with today’s rise, he returned to that range after being below more than 10 days.


So far in 2023 the foreign currency accumulates a fall of 2.64%. While, compared to the same day but last year -May 2, 2022-, when the exchange rate was 40,926 pesos, the interanual variation is from 4.67% negative. It has been a long time since this variable was positioned at these levels, last Friday April 21 it even fell below 3 percentage points.

The year-on-year indicator fell sharply in recent months, 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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