The dollar rose again and was very close to $40

The dollar rose again and was very close to

October 26, 2023 – 17:40

The US currency rose for the third consecutive day, according to the price of the Central Bank of Uruguay.

Photo: Pixabay

He dollar increased 0.19% compared to the previous day and closed at 39,959 pesos, according to the price of the Central Bank of Uruguay (BCU), so that it chained its third consecutive day on the rise, in line with the good global context.

With this positive streak, the US currency managed to approach 40 pesos, a barrier that it has not surpassed since the end of 2022. In addition, the dollar It has accumulated an increase of 3.64% so far this month and is close to reversing the decline so far this year, which today is around 0.28%.

Regarding the reference board of the Republic Bank (BROU)he dollar bill Retailer was offered at 38.80 pesos for purchase, and 41.12 pesos for sale. For its part, the preferential value of eBROU dollar It was at 39.30 pesos for purchase, and 40.70 pesos for sale.

The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 40 pesos, while the maximum price was also 40 pesos, and the minimum was 39,900 pesos. The number of transactions on the day was a total of 34, with an amount of operations of more than 17 million dollars.

Cryptocurrencies 1 to 1 parity with the dollar (stablecoins) like Tether (USDT) They were quoted at an average of 40.90 pesos for online purchases through a bank or card, and from 40.90 pesos to 43.88 pesos in the Binance peer-to-peer (P2P) market.

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The dollar, in the face of a positive global context

These three consecutive increases in dollar have their correlation in what is happening internationally, since the United States economy grew 4.9% during the last quarter, with an acceleration that has not been seen since 2001, which can strengthen the US currency in the field. global.

Thinking about the future, if this improvement is sustained at the end of the year, the Federal Reserve (Fed) could determine whether or not they raise prices again interest rates, after pausing them in a range between 5.25% and 5.50%, their highest level since January 2001.

Added to this are the high expectations generated after the 10-year US Treasury notes hit a maximum of 5.021%. In the same line, the dollar index It stood at 106.4 units, reinforcing the climate of confidence for investors.

The price of the dollar over the last five days

  • October 19 — 39,872
  • October 20 — 39,942
  • October 23 — 39,818
  • October 24 — 39,848
  • October 25 — 39,885

Source: Ambito

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