The dollar rose 0.13% after two consecutive days down

The dollar rose 0.13% after two consecutive days down

Despite starting the month of July on the rise, the price of the US currency has accumulated a decline of 6.53% so far this year.

Photo: Pexels

The dollar rose 0.13% compared to the last day, and closed today in 37,455 pesosaccording to the official price of the Central Bank of Uruguay (BCU). With this rise in price, the dollar cut a previous drop of two consecutive days. Despite this increase at the beginning of July, The North American currency accumulates a decline of 6.53% so far this year with respect to the closing of 2022 in 40,071 pesos.

At the same time, at the year-on-year level, the decline is more than 6.26% compared to the day of July 1 of last year, when it was trading at 39,955 pesos. During the month of June, the accumulated drop was more than 3.54% compared to the end of May.

The BCU lowered its projections in its latest Survey of Economic Expectations and reported that market agents expect that, for the current year, the dollar will close at 39.97 pesos on average, which would imply an increase by the end of the calendar year from 6.71%when before they expected it to end the year at 41 pesos.

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The retail dollar continues to sell below 39 pesos

On the reference board of the Republic Bank (BROU), the dollar was offered to 36.30 pesos for the buysand 38.70 pesos for the sale. On the other hand, the preferential value of the eBROU dollar He was in 36.80 pesos for the buysand 38.20 pesos for the sale.

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 37,500 pesos, while the maximum price was also 37,500 pesos, and the minimum was 37,400 pesos. On this day, the number of transactions was a total of 29, with a total amount of transactions of more than 14.3 million dollars.

1 to 1 parity cryptocurrencies with the dollar as Tether (USDT) traded at an average of 39 pesos for online purchase through a bank or card, and from 39 pesos to 41.73 pesos in the peer-to-peer market (P2P) from Binance.

The price of the dollar over the last five days

  • June 26 — 37,596
  • June 27 — 37,513
  • June 28 — 37.62
  • June 29 — 37,521
  • June 30 — 37,408

Source: Ambito

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