The future dollar registered its highest operation in the last four years

The future dollar registered its highest operation in the last four years

September 15, 2023 – 20:25

So far this year there has been a year-on-year increase of 178.8%, according to the Bevsa report. The OCT dollar recorded its all-time high.

Photo: Freepik

He future dollar registered a volume of 108.2 million in August, which represented its highest operating level in the last four years, according to data from the Monthly Bulletin of the Uruguayan Electronic Stock Exchange (Bevsa).

Of the total, 91% corresponded to the operations of dollar OCT, which is equivalent to 97.9 million dollars, a historical maximum, according to Bevsa, since the previous record was $86 million in August 2019.

If you compare the market of future dollar From last month to July, when there was an operation of 65.2 million dollars, an increase of almost 66% was recorded, equivalent to 43 million dollars.

In parallel, if the cumulative figure for the year is taken, the increase in the volume operated in eight months represents an increase of 178.8%, comparing the current 272.1 million dollars with the 97.6 million dollars corresponding to the same period of 2022.

Another difference between the market future dollar of 2023 and last year is the constancy. This year it was operated in each of the months, while during 2022 there were operations only in April, June, July and August.

Operations in the money market grew

In turn, from the report of Bevsa It is clear that during August a volume of 2,664.3 million dollars was operated in the money market, which represented a maximum since July 2021, when it had reached $2,848.9 million.

Meanwhile, this month there was a growth of 11.7% in operations, since in July it had been 2,384.8 million dollars. Meanwhile, compared to the year-on-year level, the increase was 40.4%, in relation to the 1,898.1 million dollars in the same month last year.

Source: Ambito

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