The price of the US currency managed to break the setback of the past day and accumulates an increase of 1.73% this month.
The interbank dollar rose a 0.08% compared to the last day and closed today in 38,055 pesosaccording to the official price of the Central Bank of Uruguay (BCU), and after breaking the setback of last day, the North American currency accumulates an increase of 1.73% compared to the end of June.
Despite the monthly increase, the US currency entails a setback of more than 5.03% so far this year with respect to the end of 2022. Likewise, year-on-year the fall is more than 9.64%.
After the positive inflation data in USA, operators begin to doubt whether, indeed, the Federal Reserve (fed) of that country will comply with the announced increases in interest rates for the remainder of the year. In this context, the currency weakened to a minimum in the last 15 months.
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 5.01%.
The retail dollar continues below 39.5 pesos for sale
On the reference board of the Republic Bank ( BROU), the dollar was offered to 36.75 pesos for the buysand 39.35 pesos for the sale. On the other hand, the preferential value of the eBROU dollar He was in 37.25 pesos for the buysand 38.85 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 38,040 pesos, while the maximum price was 38,100 pesos, and the minimum was 38,040 pesos. On this day, the number of transactions was a total of 25with a total amount of operations of more than 13 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 41.92 pesos in the peer-to-peer market (P2P) from Binance.
The price of the dollar over the last five days
- July 10 — 38,031
- July 11 — 38,124
- July 12 — 38,157
- July 13 — 38,194
- July 14 — 38,026
Source: Ambito
