The dollar reached its highest value in three and a half months

The dollar reached its highest value in three and a half months

He dollar increased by 0.42% compared to Tuesday and closed at 38.447 pesos, accumulating its third consecutive day on the rise and reaching its highest value in the last three and a half months, according to the price of the Central Bank of Uruguay (BCU).

With this increase, the interbank accumulated an improvement of 2.27% so far this month and ratifies the positive trend of September, in which it reached a level at which it had not operated since last June 12, when it closed at 38,662 pesos and the next day it fell to 38,427 pesos.

In turn, so far this year, the US currency has accumulated a depreciation of 4.05% compared to the end of 2022, while, if analyzed on a year-on-year basis, the decrease reaches 6.98% compared to the end of 2022. September 27, 2022.

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The retail dollar, also on the rise

Regarding the reference board of the Republic Bank (BROU)he dollar bill It was offered at 37.30 pesos for purchase, and 39.70 pesos for sale. For its part, the preferential value of eBROU dollar It was at 37.80 pesos for purchase, and 39.20 pesos for sale.

The last operation of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was agreed at 38,500 pesos, while the maximum price was also 38,500 pesos, and the minimum was 38,530 pesos. On this day, the number of transactions was a total of 39, with a total transaction amount of almost 20.6 million dollars.

Cryptocurrencies 1 to 1 parity with the dollar as Tether (USDT) They were quoted at an average of 39.94 pesos for online purchases through a bank or card, and from 39.94 pesos to 42.10 pesos in the Binance peer-to-peer (P2P) market.

For its part, the price of dollar prex It was at 38.21 pesos for purchase, and 38.59 pesos for sale.

The market cut the dollar projection

Although the dollar is in a positive moment in Uruguay, the Economic Expectations Survey (EEE) of the BCU It reflected that the analysts consulted expect the US currency to trade around 39.40 pesos by the end of the year.

Thus, the specialists sharply cut the projection of the value of the bill, even more so if the beginning of the year is taken as a comparison, when they believed that the dollar December could end in the order of 42.10 pesos.

The price of the dollar over the last five days

  • September 20 — 38,053
  • September 21 — 38,205
  • September 22 — 38,115
  • September 25 — 38,277
  • September 26 — 38,285

Source: Ambito

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