The dollar added its second consecutive day to the rise

The dollar added its second consecutive day to the rise

October 25, 2023 – 17:17

The US currency gained some ground against the Uruguayan peso, with an increase of 0.09% compared to Tuesday.

Photo: Freepik

He dollar increased 0.09% compared to its value on Tuesday and was quoted at 39,885 pesos, according to data from the Central Bank of Uruguay (BCU), which in this way chained its second consecutive day of rise.

With this slight increase, the US currency has remained with ups and downs in the last two weeks, although with a fairly “ironed” price, with slight decreases and increases, which find the dollar at similar levels.

Beyond these last rounds, the bill had risen strongly at the beginning of the month and that is why it is not surprising that it has accumulated an increase of 3.45% so far this month. However, it did not finish correcting the depreciation compared to the end of 2022, with a decrease of 0.46%.

Thus, the scenario of exchange delay that are criticized by some sectors, mainly those linked to the agro and the exports. However, the value of dollar is aligned with market expectations, which expects it to end at 39.71 pesos for the month, according to the analysts consulted by the BCU.

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The retail bill remained stable

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 39,870 pesos. The number of transactions on the day was a total of 37, with a transaction amount of more than 18.9 million dollars.

Cryptocurrencies 1 to 1 parity with the dollar (stablecoins) like Tether (USDT) They were quoted at an average of 41.40 pesos for online purchases through a bank or card, and from 41.40 pesos to 43.85 pesos in the Binance peer-to-peer (P2P) market.

The price of the dollar over the last five days

  • October 18 — 39,885
  • October 19 — 39,872
  • October 20 — 39,942
  • October 23 — 39,818
  • October 24 — 39,848

Source: Ambito

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