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The dollar fell 0.31% and was again below the floor of $39

The dollar fell 0.31% and was again below the floor of $39

The foreign currency came from being above the threshold in the first days of May. With today’s drop, it registers a negative of 2.79% so far in 2023.

He dollar fell a 0.31% compared to yesterday and closed today in 38,952 pesosaccording to the official price of the Central Bank of Uruguay (BCU). In this way, after two days above the 39-peso floor, the US currency returned to the 38-peso range, where it had closed April, which ended with an accumulated variation of 0.35%.

on the blackboard of Republic Bank (BROU), the dollar was offered to 37.75 pesos for purchase and 40.15 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38.25 pesos for purchase and 39.65 pesos for sale.

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa), was agreed in 38.93 pesos, while the average price of operations was 38,952 pesos. Today the number of transactions was a total of 81with an amount of operations of just over $41.8 million.

The dollar accumulates a fall of 2.79% 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 ​​of 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 4, the monthly variation registered is from 0.51%. In turn, in the first three days of May, accumulates an increase of 0.44%.

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 the rise on Tuesday and Wednesday, he returned to that range after being below more than 10 days. However, today’s fall returned it to the 38-peso range.

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So far in 2023 the foreign currency accumulates a fall of 2.79%. While, compared to the same day but last year -May 4, 2022-, when the exchange rate was 41,261 pesos, the interanual variation is from 5.6% negative. It has been a great number of months 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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