The US currency added its second consecutive day to the rise and remains above the $38 range.
He dollar closed the week with an increase of 0.26% compared to Thursday and was quoted at 38,117 pesos, according to the Central Bank of Uruguay (BCU), with which it added its second consecutive day to the rise and consolidates itself above the range of 38 pesos.
In this way, the interbank manages to ratify its appreciation so far in September, with a significant growth of 1.40%. However, so far this year there has been a decline of 4.88%, something that was even admitted by the President Luis Lacalle Pou, who admitted that there is a exchange rate delay and there are no tools to reverse it.
Regarding the reference board of the Republic Bank (BROU), the dollar was offered at 36.90 pesos for purchase, and 39.40 pesos for sale. For its part, the preferential value of eBROU dollar It was at 37.40 pesos for purchase, and 38.90 pesos for sale.
The last operation of the day in the Uruguayan Electronic Stock Exchange (Bevsa) was agreed at 38,160 pesos, while the maximum price was also 38,160 pesos, and the minimum was 38,050 pesos. On this day, the number of transactions was a total of 57, with a total transaction amount of more than 41.7 million dollars.
Cryptocurrencies 1 to 1 parity with the dollar as Tether (USDT) were quoted at an average of 39.72 pesos for online purchases through a bank or card, and from 39.70 pesos to 41.84 pesos in the Binance peer-to-peer (P2P) market.
A rising dollar, in tune with the global context
He dollar Thus, it is going through a kind of spring, being located above the range of 38 pesos and with an upward trend since September began, a month in which it accumulated several increases and only one day in which it marked a minimal decline.
In this way, the US currency is beginning to excite some sectors, such as agricultural exporters, in line with the strengthening it exhibits worldwide, with positive signs from the United States Federal Reserve (Fed) about the need to continue restrictive monetary policy.
Added to this is the meager growth of advanced economies such as those of China and the countries of the European Union, what underpins a dollar strong and, to the detriment, weakens emerging currencies.
The price of the dollar over the last five days
- September 1 — 37,676
- September 4 — 37,754
- September 5 — 37,876
- September 6 — 37,870
- September 7 — 38,020
Source: Ambito
