The US currency had a daily decline of 0.24% and after 15 days it operated below $38, according to the BCU price.
He dollar exhibited a setback of 0.24% with respect to the previous day and closed in 37,909 pesos, according to the price of Central Bank of Uruguay (BCU), so he added his second consecutive day down and slowed its rhythm in the month, in which it also accumulates an appreciation of more than 1.33%.
Thus, the interbank returned to operating in the range of 37 pesos, something that hasn’t happened since July 5th, when it was listed on 37,894 pesos. It is that the US currency started the month positively, although in recent days it began a process that took it to levels of a black month like June.
Regarding the reference blackboard of the Republic Bank (BROU), the dollar was offered to 36.80 pesos for the buysand 39.20 pesos for sale. On the other hand, the preferential value of the eBROU dollar He was in 37.30 pesos for the buysand 38.70 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed in 38 pesos, while the maximum price was 38 pesos, and the minimum was 37.80 pesos. On this day, the number of transactions was a total of 56with a total amount of operations of almost 32 million dollars.
1 to 1 parity cryptocurrencies with the dollar as Tether (USDT) traded at an average of 39.46 pesos for online purchase through a bank or card, and from 39.46 pesos to 41.91 pesos in the peer-to-peer market (P2P) from Binance.
The dollar accumulates a depreciation of 5.40% in the year
With these data, the dollar registers a depreciation of 5.40% so far this year if compared to the end of 2022, when it was listed on 40,071 pesos. Meanwhile, if it is evaluated at the interannual level, the depreciation is 9.31% compared to July 20 of last year, when its value was 41,844 pesos.
With this level, despite the monthly rise in the interbank rate, which is more than 1.33% so far this month, operating again in the 37-peso range constitutes an alert for agro-exporters and other sectors of the economy, mainly after a month in which the BCU decided lower 50 points benchmark interest rates.
It is that the US currency fails to appreciate in the country, in a context of global decline, to such an extent that he reached minimum in the last 15 months. This occurs at times where the United States Federal Reserve (Fed) analyzes whether it will comply with the announced rate increases for the remainder of the year.
The price of the dollar over the last five days
- July 12 — 38,157
- July 13 — 38,194
- July 14 — 38,026
- July 17 — 38,055
- July 19 — 38,002
Source: Ambito
