The US currency ended a three-day losing streak, but posted a slight decline of 0.010% during the month.
He dollar managed to cut the streak of three days down and rose 0.10% this Wednesday, after closing in 38,779 pesos, with which May ended below 39 pesos and accumulating a depreciation of 0.010%, according to the official price of Central Bank of Uruguay (BCU).
In this way, the interbank operated again far from the 39-peso range, something that is not enough since last May 3, when it was listed 39,074. Further still remains the ceiling of 40 pesos, reached at the end of December last year, forcing the market to moderate expectations.
Taking these data into account, the price of the dollar already accumulates a fall of 3.22% if compared to the end of 2022, which was in 40,071 pesos. While, year-on-year the drop is 3.13% compared to May 31 of last year, when it was trading at 39,902 pesos.
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The price of the dollar, after a day on the rise
In turn, on the reference blackboard of the Republic Bank (BROU), the dollar was offered to 37.60 pesos for the buysand 40 pesos for the sale. While the preferential value of the eBROU dollar He was in 38.10 pesos for the buysand 39, 50 pesos for the salein a slightly rising day.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 38,780 pesoswhile the maximum price was 38,790 pesosand the minimum of 38,760 pesos. The number of transactions this Wednesday was a total of 57with a total amount of operations of more than 28 million dollars.
It is worth remembering that, according to the projections of the latest Survey of Economic Expectations, the BCU reported that market players they expect the dollar to close 2023 at 41.00 pesos on average, which would imply an increase by the end of the calendar year of 5.84%.
The price of the dollar over the last five days
- May 24 — 38,673
- May 25 — 38,834
- May 26 — 38,799
- May 29 — 38,791
- May 30 — 38,739
Source: Ambito
