The dollar fell 0.22% in its second consecutive day down

The dollar fell 0.22% in its second consecutive day down

The price of the North American currency continues to operate with ups and downs and accumulates a rise of 1.66% in July.

Photo: Pixabay

The dollar fell 0.22% compared to the last day and closed today in 38,031 pesosaccording to the official price of the Central Bank of Uruguay (BCU)this new fall in the price of the North American currency is the second in two consecutive days, however, it continues to operate with ups and downs and accumulates an appreciation of 1.66% in July.

Despite the slight increase over the course of the month, the US currency accumulates a setback of 5.1% so far this year with respect to the end of 2022. In turn, year-on-year the fall is more than 5.63%.

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 5.09%when before they expected it to close 2023 at 41 pesos.

bevsa.jpg

The retail dollar continues to be sold above 39 pesos

On the reference board of the Republic Bank (BROU)the dollar was offered to 36.85 pesos for the buysand 39.25 pesos for the sale. On the other hand, the preferential value of the eBROU dollar He was in 37.35 pesos for the buysand 38.75 pesos for the sale.

The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 38,050 pesos, while the maximum price was 38,100 pesos, and the minimum was 38,000 pesos. On this day, the number of transactions was a total of 23with a total amount of operations of more than $11.5 million.

1 to 1 parity cryptocurrencies with the dollar as Tether (USDT) traded on an average of 39.5 pesos for online purchase through a bank or card, and from 39.74 pesos to 42.20 pesos in the peer-to-peer market (P2P) from Binance.

The price of the dollar over the last five days

  • July 3 — 37,455
  • July 4 — 37,493
  • July 5 — 37,894
  • July 6 — 38.33
  • July 7 — 38,116

Source: Ambito

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AngelicaI am an author and journalist who has written for 24 Hours World. I specialize in covering the economy and write about topics such as