The US currency showed a daily drop of 0.13%, after two consecutive days on the rise.
He dollar fell 0.13% compared to Thursday and closed at 39,246 pesos, according to the price of the Central Bank of Uruguay (BCU), so that the US currency interrupted two consecutive rounds of rise and cannot get away from the range of 39 pesos.
With this decrease, the dollar It has accumulated a drop of 1.82% so far this month and threatens to “float” after several weeks trading upwards and even touching the 40 peso range. On the other hand, if the behavior of the banknote so far this year is analyzed, the depreciation stretches to 2.06% compared to the end of 2022.
Meanwhile, on the reference board of the Republic Bank (BROU), he Retail dollar bill was offered at 38 pesos for purchase, and 40.50 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.50 pesos for purchase, and at 40 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,250 pesos, while the maximum price was also 39,250 pesos, and the minimum was 39,200 pesos. On this day, the number of transactions was 9, with a transaction amount of almost 6.5 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.15 pesos for online purchases through a bank or card, and from 41.18 pesos to 43.24 pesos in the Binance peer-to-peer (P2P) market.
For its part, the price of dollar prex It was at 39.05 pesos for purchase, and also at 39.45 pesos for sale.
What can happen to the dollar until the end of the year?
Looking ahead to the coming weeks, the behavior of the dollar It is an unknown, although the market anticipated in recent days that it expects the bill to close the year at 40.10 pesos.
This is how it emerges from the last BCU Economic Expectations Survey, in which analysts evaluated the dollar at almost 40 pesos from the previous days. However, “the growing problems of competitiveness in the Uruguayan economy” were warned by the Monetary Policy Committee (Copom) during its last meeting, where it defined a cut of 25 basis points in the interest rate.
Another factor to monitor will be the global dollar, which seems weakened in recent weeks, as well as the behavior of the Federal Reserve (Fed) of USA, after keeping interest rates unchanged.
The price of the dollar over the past five days
- November 17 — 39,558
- November 20 — 39,393
- November 21 — 39,066
- November 22 — 39,136
- November 23 — 39,297
Source: Ambito
