He dollar increased 0.41% compared to the previous day and closed at 39.297 pesos, according to the price of the Central Bank of Uruguay (BCU), so it added its second consecutive day of rise and is beginning to recover ground.
The US currency thus appears to be improving its performance, after accumulating six consecutive declines. This panorama occurs within the framework of a dollar downward during November, since it accumulates a decrease of 1.69% so far this month.
Furthermore, the fall is accentuated if the accumulated so far this year is analyzed, with a depreciation of 1.93% compared to the end of 2022, ratifying the exchange delay that are denounced by some sectors.
Meanwhile, on the reference board of the Republic Bank (BROU), he Retail dollar bill was offered at 38.10 pesos for purchase, and 40.50 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.60 pesos for purchase, and at 40 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,320 pesos, while the maximum price was also 39,320 pesos, and the minimum was 39,250 pesos. On this day, the number of transactions was 10, with a transaction amount of more than 3.9 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.05 pesos for online purchases through a bank or card, and from 41.12 pesos to 43.02 pesos in the Binance peer-to-peer (P2P) market.
Instruments in pesos are accumulating interest
In recent days, the global dollar has remained lower, mainly because the United States Federal Reserve (Fed) kept unchanged the interest rate and with the expectation of a decline sooner than expected.
At the same time, investors once again leaned towards Indexed Units (UI), after the cut of 25 basis points in the Monetary Policy Rate (TPM), decided by the BCU last week.
We will have to see what happens in the coming weeks, because the Monetary Policy Committee (Copom) explained in the minutes of that meeting that “the end of the casualty cycle of the TPM, after a year where cuts prevailed, despite the fact that the contractionary phase continued.
The price of the dollar over the past five days
- November 16 — 39,561
- November 17 — 39,558
- November 20 — 39,393
- November 21 — 39,066
- November 22 — 39,136
Source: Ambito
