Of the first eight exchange days in May, the foreign currency increased in five of them and accumulates a rise of 0.44% so far this month.
He dollar increased a 0.06% compared to yesterday and closed today in 38,953 pesosaccording to the official price of the Central Bank of Uruguay (BCU). In this way, the US currency adds three consecutive days to the rise, although it continues without being able to overcome the floor of 39 pesos.
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 38.97 pesos, while the average price of operations was 38,953 pesos. Today the number of transactions was a total of 9with an amount of operations of just over $4.5 million.
The dollar accumulates a fall of 2.79% so far in 2023
With the rebound of the last three days, May accumulate a 0.44% of increase with five of its first eight exchange days up and three down, so the trend in these first days of the month is not fully consolidated. In turn, compared to last April 11, the monthly variation registered is from 0.88%.
Although the expectation was that the exchange rate would close April in negative, finally, with the recovery of last Friday, the accumulated was in 0.35%, that is to say, a little above the values of when the month began, so that it did not manage to offset the enormous fall in January (-3.25%)paid 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.
More than a month and a half 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 that kept it below the low of four weeks. the 39 pesos.
For his part, in so far in 2023the foreign currency accumulates a fall of 2.79%. While, compared to the same day but last year -May 11, 2022-, when the exchange rate was 41,548 pesos, the interanual variation is from 6.24% 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.