The US currency opened the last month of the year with a decline, after a negative November.
He dollar closed with a decrease of 0.37% compared to Thursday and was quoted at 38,974 pesos, according to data from Central Bank of Uruguay (BCU), so it opened the last month of the year with a return to the range of 38 pesos, which it had not touched for almost two months.
With this new decrease, the dollar It maintained the inertia of November, where it signed its first monthly drop after five months, reaching a depreciation of 2.74% so far this year, when compared to the end of 2022.
Regarding the reference board of the Banco República (BROU), The retail dollar bill was offered at 37.60 pesos for purchase, and 40.10 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.10 pesos for purchase, and at 39.60 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 38,900 pesos, while the maximum price was 39,080 pesos, and the minimum was 38,900 pesos. On this day, the number of transactions was a total of 16, with a transaction amount of 11.4 million dollars.
The crypto Tether (USDT), of 1 to 1 parity with the dollar, was quoted today at an average of 40.89 pesos for online purchases through a bank or with a card, and from 40.89 pesos to 43.02 pesos in the peer-to market -peer (P2P) Binance.
The exchange rate delay is felt again
He exchange delay in the quote of dollar was questioned several times by the agro-export sector and in recent days the economist and executive director of the Center for Studies of Economic and Social Reality (Ceres), Ignacio Munyoconsidered that this factor, together with high internal costs, reduced the margins of the productive sector during the year, leading to “tightening the belt” and postponing both investments and hiring.
In the middle of the bullish path of the banknote, a few weeks ago, Margarita Varela, executive secretary of the Union of Exporters of Uruguay (UEU)admitted that even in this context “the exchange rate continues to be among the main concerns” of that sector.
On that occasion, he stated in dialogue with Radio Montecarlo that the recovery of the dollar It was “a good sign”, but he warned that it was not enough to “compensate for the fall of the last year”, so the current value generates even more anxiety.
The dollar over the past five days
- November 24 — 39,246
- November 27 — 39.2
- November 28 — 39,092
- November 29 — 39,091
- November 30 — 39,119
Source: Ambito
