With a daily drop of 0.24%, the interbank remains above $38, within the framework of a positive September.
He dollar fell 0.24% compared to Thursday and was quoted at 38.115 pesos, according to the price of the Central Bank of Uruguay (BCU), so it closed a week with ups and downs, although maintaining its value above 38 pesos.
Despite this fall, the US currency maintains its monthly appreciation, which has been around 1.39% so far in September, within the framework of a dollar globally on the rise. However, the interbank has a decrease of 4.88% compared to the end of 2022, which is accentuated in the interannual comparison, where the decrease reaches 6.73%.
Regarding the reference board of the Republic Bank (BROU), the dollar bill was offered at 36.95 pesos for purchase, and 39.45 pesos for sale. For its part, the preferential value of eBROU dollar It was at 37.45 pesos for purchase, and 38.95 pesos for sale.
The last operation of the day in the Uruguayan Electronic Stock Exchange (Bevsa) was agreed at 38,180 pesos, while the maximum price was also 38,180 pesos, and the minimum was 38,050 pesos. On this day, the number of transactions was a total of 39, with a total transaction amount of more than 21.4 million dollars.
Cryptocurrencies 1 to 1 parity with the dollar as Tether (USDT) were quoted at an average of 39.85 pesos for online purchases through a bank or card, and from 39.85 pesos to 41.86 pesos in the Binance peer-to-peer (P2P) market.
The exchange rate delay, a concern that remains valid
Although the dollar is going through a rising month in the country, the forecasts are still far from the expectations of businessmen and in the agro-export sector they question the exchange delay. So much so that last Saturday, during his closing speech at the Expo Prado 2023, the president of the Rural Association of Uruguay (ARU), Patricio Cortabarría, He stated that the government must act to correct the situation.
Cortabarría pointed to the fiscal deficit as the main problem of the loss of competitiveness, while the president Luis Lacalle Pou warned about the lack of tools to combat misalignment. However, in the government they share the vision that the central thing was to lower the inflation, which today is below the center of the target range.
The price of the dollar over the last five days
- September 15 — 38,054
- September 18 — 38,127
- September 19 — 38.13
- September 20 — 38,053
- September 21 — 38,205
Source: Ambito
