The US currency recovered ground and accumulates an appreciation of 1.21% so far this month, according to data from the BCU.
He dollar It rose 0.24% compared to the previous day and traded at 37.833 pesos, according to data from the Central Bank of Uruguay (BCU), with which he cut two consecutive days down and closed the week on the rise, although far from 38 pesos.
With this increase, the US currency accumulates a monthly improvement of 1.21%, recovering some ground after what was a July with the worst monthly average in terms of exchange rate misalignment. In any case, its fall so far this year reaches 5.46% compared to the end of 2022. In turn, at the year-on-year level the decline is 5.59%.
The situation occurs in a context of global weakening of the dollar, in which the peso tends to strengthen, as occurs with the real in Brazil and in other countries of the region. However, it is worth noting that Uruguay has the most overvalued currency in the world, according to the latest Big Mac Index published by The Economist.
Added to this is the discontent of some sectors over the exchange rate delay existing in the country, with criticism from agriculture, but also from exporters, representatives of the Chamber of Free Zones and economists,
The retail dollar, slightly above 39 pesos
On the reference board of the Republic Bank (BROU), he dollar it was offered at 36.65 pesos for purchase, and 39.15 pesos for sale. On the other hand, the preferential value of the eBROU dollar it was at 37.15 pesos for the purchase, and 38.65 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed at 37,880 pesos, while the maximum price was 37,890 pesos, and the minimum was 37,880 pesos. On this day, the number of transactions was a total of 6, with a total amount of transactions of just over 2 million dollars.
1 to 1 parity cryptocurrencies with the dollar such as Tether (USDT) were quoted at an average of 39.17 pesos for online purchase through a bank or with a card, and from 39.17 pesos to 42.28 pesos in the peer-to-peer (P2P) market. from Binance.
The price of the dollar over the last five days
- August 4 — 38,055
- August 7 — 38,018
- August 8 — 38,031
- August 9 — 37,952
- August 10 — 37,794
Source: Ambito
