He dollar increased a 0.04% compared to yesterday and closed today in 38,968 pesosaccording to the official price of the Central Bank of Uruguay (BCU). In this way, the US currency adds four consecutive days to the rise and scratches the floor of 39 pesos, although it still has not been able to overcome it.
on the blackboard of Republic Bank (BROU), the dollar was offered to 37.75 pesos for purchase and 40.25 pesos for sale. On the other hand, the preferential value of the Dollar eBROU He was in 38.25 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 pesos, while the average price of operations was 38,968 pesos. Today the number of transactions was a total of 24with an amount of operations of just over $10.4 million.
The dollar accumulates a fall of 2.75% so far in 2023
Although the last four exchange days were upward, the increases were less and less, so the rise curve flattened about the end of the week, that in turn closed at 0.36% in positive. The first week of May had also closed in favor of the US currency, so that in almost the middle of the month, a trend of appreciation of the currency was gradually consolidated.
With the rebound of the last four days, May accumulate a 0.48% Increment. In turn, compared to last April 12, 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 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 four weeks. the 39 pesos.
For his part, in so far in 2023the foreign currency accumulates a drop of 2.75%. While, compared to the same day but last year -May 12, 2022-, when the exchange rate was 41,753 pesos, the interanual variation is from 6.67% 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
