With a daily loss of 0.03%, the note continues to lose ground against the Uruguayan peso, according to the BCU quote.
He dollar fell 0.03% compared to Wednesday and closed at 39,872 pesos, accumulating its fourth consecutive day of decline, according to the price of the Central Bank of Uruguay (BCU), which reflected the stagnation of the US currency and its inability to climb to the 40 peso range.
Beyond these latest setbacks, which were slight, the dollar accumulates an increase of 3.41% so far this month and is on track to close a positive October, mainly if one takes into account that the market raised the expected price for December by 1.52%, as predicted by the analysts consulted by the BCU.
Regarding the reference board of the Republic Bank (BROU)he dollar bill Retailer was offered at 38.70 pesos for purchase, and 41.10 pesos for sale. For its part, the preferential value of eBROU dollar It was at 39.20 pesos for purchase, and 40.60 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,900 pesos, while the maximum price was also 39,900 pesos, and the minimum was 39,840 pesos. The number of transactions on the day was a total of 45, with an amount of operations of almost 22.5 million dollars.
Cryptocurrencies 1 to 1 parity with the dollar (stablecoins) like Tether (USDT) They were quoted at an average of 41.59 pesos for online purchases through a bank or card, and from 41.59 pesos to 43.89 pesos in the Binance peer-to-peer (P2P) market.
The behavior of the dollar and expectations for the end of the year
Despite having been trading downwards for four consecutive days, the dollar It is going through one of its best moments so far this year, after a September where it achieved the largest increase in more than a year.
In fact, the US currency has accumulated a decline of 0.50% so far in 2023 compared to the end of last year, since on December 30, 2022 it was quoted at 40,071 pesos, on its last day above 40 pesos. , sample of exchange delay existing.
However, the market expects the interbank rate to rise this month around 39.71 pesos, reaching the range of 40 pesos again by the end of the year. Even the analysts consulted by the BCU They predict that within a year that value will reach 41.70 pesos.
The price of the dollar over the last five days
- October 11 — 39,733
- October 12 — 39,953
- October 13 — 39.94
- October 17 — 39,894
- October 18 — 39,885
Source: Ambito
