The US currency appreciated 0.04% and accumulates an improvement of 1.07% so far this month, according to the BCU price.
He dollar signed a slight rise of 0.04% compared to Monday and closed at 37,830 pesos, according to the official price of the Central Bank of Uruguay (BCU), so that it continues with its monthly appreciation, which reaches 1.07%.
Thus, despite this positive August, the US currency is still unable to return to the 38-peso range, while accumulating a depreciation of 5.59% so far this year, while if compared year-on-year the decline is of 6.3%.
Regarding the reference blackboard of the Republic Bank (BROU)he dollar it was offered at 36.65 pesos for purchase, and 39.05 pesos for sale. On the other hand, the preferential value of the eBROU dollar it was at 37.15 pesos for the purchase, and 38.55 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed at 37,800 pesos, while the maximum price was 37,850 pesos, and the minimum was 37,800 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) were quoted at an average of 39 pesos for online purchase through a bank or with a card, and from 39 pesos to 42.52 pesos in the Binance peer-to-peer (P2P) market.
For its part, the price of dollar prex it was at 37.81 pesos for the purchase, and 38.19 pesos for the sale.
For the president of the BCU, “Uruguay’s competitiveness is correct”
At a time when many sectors question the exchange rate delay, the president of the Central Bank, Diego Labat, laughed at the situation of the dollar and assured that “the competitiveness of Uruguay is correct”, for which reason he asked to look “far beyond the exchange rate”.
For Labat, “there are a lot of factors” that directly affect competitiveness and he specified that one of them “is low inflation, which is what corresponds to us”, noting that “the objective is the inflation, he BCU ensures the stability of the national currency”.
Finally, he insisted that there is “an exchange market where the dollar fleet” and stated: “We understand that this is the best regime for an open and small country like Uruguay, because it helps temper any positive or negative shock we may receive from the outside.”
The price of the dollar over the last five days
- August 15 — 38,007
- August 16 — 37,845
- August 17 — 37,729
- August 18 — 37,839
- August 19 — 37,815
Source: Ambito
