The US currency showed a decline of just 0.02%, although it has now failed to appreciate for three consecutive days.
He dollar fell 0.02% compared to the previous day and closed at 39,885 pesos, according to data from the Central Bank of Uruguay (BCU), which shows that, despite remaining close to 40 pesos, it has been falling for three consecutive days and seems to have stopped its momentum.
The fact is that the US currency is still accumulating a positive present, with an improvement of 3.45% so far this month, which could lead to October exceeding the significant monthly rise of September. However, the dollar There is a depreciation of 0.46% so far this year, compared to the end of 2022. The decrease reaches 3.29% if the year-on-year comparison is taken, with October 18, 2022.
In this way, the interbank does not manage to exceed 40 pesos, a range in which it has not entered since December 27 of last year, when it was quoted at 40,038 pesos. Thus, despite the notable rise in recent weeks, some sectors insist that the exchange delay still not been adequately corrected.
On this point, the agro-export sector was critical on several occasions regarding the exchange rate, something to which some analysts joined. For example, in dialogue with Ambit, Director of Ceres, Ignacio Munyo, He admitted that “there is no exchange rate delay, no reform delay.”
Along these lines, he pointed out that “if there is a clear policy of maintaining the inflation within the range, it is functional that the dollar stay ironed”, thus alluding to the BCU’s goal range of maintaining the CPI between 3 and 6% annually.
The retail ticket is sold for over 41 pesos
Regarding the reference board of the Republic Bank (BROU)he dollar bill Retail was offered at 38.75 pesos for purchase, and 41.15 pesos for sale. For its part, the preferential value of eBROU dollar It was at 39.25 pesos for purchase, and 40.65 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,930 pesos, while the maximum price was 39,950 pesos, and the minimum was 39,800 pesos. The number of transactions on the day was a total of 31, with a transaction amount of almost 17 million dollars.
Cryptocurrencies 1 to 1 parity with the dollar (stablecoins) like Tether (USDT) They were quoted at an average of 41.74 pesos for online purchases through a bank or card, and from 41.74 pesos to 43.90 pesos in the Binance peer-to-peer (P2P) market.
The price of the dollar over the last five days
- October 10 — 39,967
- October 11 — 39,733
- October 12 — 39,953
- October 13 — 39.94
- October 17 — 39,894
Source: Ambito
