He dollar It rose slightly by 0.03% compared to the last day and closed today at 37,696 pesos, according to the official price of the Central Bank of Uruguay (BCU), thus cutting two days down and accumulating an increase of 0.71% so far in August, despite continuing below the 38-peso range.
On the other hand, so far in 2023, the dollar it fell by 5.93% compared to the end of 2022, while at the year-on-year level the fall is 6.70%.
The former minister of Livestock, Agriculture and Fishing (MGAP), Carlos Maria Uriartecrossed the president of the BCU, Diego Labat for his recent statements where he stated that the competitiveness of Uruguay is “correct” with the current exchange rate.
This appreciation of the head of the Central Bank did not sit well with the former head of MGAP, who described the directors of the organization as “unhappy” through his X (Twitter) account, adding that such statements were “an insult”. for the export and tourism sectors, “who must bear the costs of the exchange rate delay.”
This month, the BCU lowered its projections in its latest Survey of Economic Expectations and reported that market agents expect the dollar closing 2023 at 39.61 pesos on average, which would imply an increase of 5.08% for the end of the calendar year.
The retail ticket continues to be sold below 39 pesos
On the reference board of the Republic Bank (BROU), he dollar it was offered at 36.50 pesos for purchase, and 38.90 pesos for sale. On the other hand, the preferential value of the eBROU dollar it was at 37.00 pesos for the purchase, and 38.40 pesos for the sale.
The last operation of the day in the Electronic Stock Exchange of Uruguay (Bevsa) was agreed at 37,720 pesos, while the maximum price was 37,750 pesos, and the minimum was 37,650 pesos. On this day, the number of transactions totaled 36, with a total amount of transactions of nearly 18.8 million USD. Also, there was an operation NDF dollar (06/25/2024) for 5 million dollars, and another of dollar OCT (11/27/2023), also for $5 million.
1 to 1 parity cryptocurrencies with the dollar as Tether (USDT) were quoted at an average of 40 pesos for online purchase through a bank or card, and from 38.90 pesos to 42.52 pesos in the Binance peer-to-peer (P2P) market.
For its part, the price of dollar prex it was at 37.61 pesos for the purchase, and 37.99 pesos for the sale.
The price of the dollar over the last five days
- August 18 — 37,839
- August 21 — 37,815
- August 22 — 37.83
- August 23 — 37,709
- August 24 — 37,686
Source: Ambito
