The dollar fell 0.11% compared to the last day, and closed today in 38,662 pesosaccording to the official price of the Central Bank of Uruguay (BCU). The price of the North American currency continues to plummet and has already accumulated four consecutive days of decline, moving further and further away from the 39-peso range.
So far this year, the price of the dollar registers a fall of more than 3.51% with respect to the end of 2022 in 40,071 pesos. At the same time, at the year-on-year level, the decline is more than 2.3% compared to the day of June 10 of last year, when it was trading at 39,575 pesos. During the month of June, the accumulated fall is more than 0.30% compared to the end of May.
The interbank price resists passing the threshold of 39 pesos for more than a monthsince May 4, when it closed at 38,952 pesos, thus breaking a previous four-day upward climb, where it had gone from 38,616 pesos to pierce the floor of 39 pesos, settling at 39,074 pesos, between April 27 and May 3.
The price of the dollar continues to worry the country’s productive sectors, which are experiencing a current situation of “exchange rate delay“, in recent days the critical voice of the Union of Exporters of Uruguay (UEU), and the merchants of the country’s coast, demanding measures from the national government.
The president himself, Luis Lacalle Pou, explained that sometimes the government does not have the capacity to “influence” the price of the dollar, and that the situation is given from a large inflow of foreign currency that the country had as a consequence of the record exports of 2022 and the new investments.
The price of the retail dollar fell below 40 pesos
On the reference board of the Republic Bank (BROU), the dollar was offered to 37.45 pesos for the buysand 39.85 pesos for the sale. On the other hand, the preferential value of the eBROU dollar He was in 37.95 pesos for the buysand 39.35 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 38,640 pesoswhile the maximum price was 38,700 pesosand the minimum of 38,640 pesos. On this day, the number of transactions was a total of 35with a total amount of operations of more than $17.5 million.
1 to 1 parity cryptocurrencies with the dollar as Tether (USDT) traded at an average of 40.58 pesos for online purchase through a bank or card, and from 40.58 pesos to 42.59 pesos in the Binance peer-to-peer (P2P) market.
According to the projections of the latest Survey of Economic Expectations, the BCU reported that market agents expect that, for the current year, the dollar will close at 41.00 pesos on average, which would imply an increase by the end of the year. calendar of 6.05%.
The price of the dollar over the last five days
- June 5 — 38,782
- June 6 — 38,992
- June 7 — 38,954
- June 8 — 38,903
- June 9 — 38,705
Source: Ambito
