He dollar It jumped 1.08% compared to the previous day and closed at 39,141 pesos, reaching a value it had not reached for more than six months and adding two consecutive days of rise, according to data from the Central Bank of Uruguay (BCU).
Thus, after an auspicious September, the US currency started October positively and has accumulated an increase of 1.52% on two wheels. In this way, the depreciation so far this year was cut to 2.32% compared to the end of 2022.
He dollar It had not reached 39 pesos since last May 3, when it operated at 39,074 pesos. Meanwhile, to find a similar value you have to go back to March 20, the day in which it closed at 39,240 pesos.
The retail dollar exceeded 40 pesos
On the reference board of the Republic Bank (BROU)he dollar bill Retailer was offered at 38.00 pesos for purchase, and 40.40 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.50 pesos for purchase, and 39.90 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,200 pesos, while the maximum price was also 39,200 pesos, and the minimum was 38,900 pesos. On this day, the number of transactions was a total of 58, with a transaction amount of more than 29.3 million dollars.
Cryptocurrencies 1 to 1 parity with the dollar as Tether (USDT) They were quoted at an average of 39.80 pesos for online purchases through a bank or card, and from 39.80 pesos to 42.40 pesos in the Binance peer-to-peer (P2P) market.
For its part, the price of dollar prex It was 39.00 pesos for purchase, and 39.40 pesos for sale.
The dollar rises in tune with what is happening globally
After having returned to the range of 39 pesos in the country, the performance of the dollar At a global level, it generates some illusion about a greater appreciation of the US currency in the short and medium term.
In that line, the dollar index (which compares the exchange rate against a basket of strong currencies) rose more than 7% since July and maintains that trend, something that is linked to the decision of the Federal Reserve (Fed) to keep benchmark interest rates high.
We will just have to see what happens with the Monetary Policy Rate (TPM) in Uruguay, since he Monetary Policy Committee (Copom) will meet this Thursday and a new cut is expected, of up to 0.75%, which could leave the MPR at 9.25%.
The price of the dollar over the last five days
- September 26 — 38,285
- September 27 — 38,447
- September 28 — 38,746
- September 29 — 38,556
- October 2 — 38,721
Source: Ambito
