The US currency had a daily drop of 0.01% and is unable to get close to the $40 range again.
He dollar fell 0.01% compared to Thursday and closed at 39,558 pesos, according to the official price of the Central Bank of Uruguay (BCU)so that, despite having operated with a certain stability, it added four consecutive days of decline and is moving away from 40 pesos.
With this trajectory, the banknote already has a monthly decline of 1.04%, after an upward rally in recent months. Furthermore, so far in 2023, the dollar accumulates a decline of 1.28% compared to the end of last year.
On the reference board of the Banco República (BROU), he dollar Retail ticket was offered at 38.25 pesos for purchase, and 40.85 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.75 pesos for purchase, and 40.35 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,550 pesos, while the maximum price was 39,600 pesos, and the minimum was 39,500 pesos. On this day, the number of transactions was a total of 48, with a transaction amount of almost 25.1 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted at an average of 41.39 pesos for online purchases through a bank or card, and from 41.39 pesos to 43.90 pesos in the Binance peer-to-peer (P2P) market.
What does the market expect for the dollar?
After a week of decline, the dollar moved away from market forecasts, since, in the last Economic Expectations Survey, the analysts consulted by the BCU They placed the median at 39.95 pesos by the end of the month. At the same time, thinking about the end of the year, they anticipate that the value of the ticket will reach 40.10 pesos, slightly higher than the 40 pesos that they anticipated last month.
It remains to be seen whether or not the reduction of 25 basis points in the Monetary Policy Rate (TPM) that defined yesterday the Monetary Policy Committee (Copom), a decision that could have an upward impact on the US currency.
The price of the dollar over the last five days
- November 10 — 39,807
- November 13 — 39,982
- November 14 — 39,893
- November 15 — 39,699
- November 16 — 39,561
Source: Ambito
