After two sharp falls, the US currency cut much of the rise it had this week.
He dollar fell 0.64% compared to Thursday and closed at 39.388 pesos, according to the price of the Central Bank of Uruguay, So the week ended with two sharp drops in a row, which took it away from 40 pesos.
The US currency thus moderated the rise it achieved in recent days, although it nevertheless remains positive during December, with an improvement of 0.69%. However, so far this year, the dollar accumulates a depreciation of 1.70% compared to the end of 2022.
Furthermore, on the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 38.10 pesos for purchase, and 40.76 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.60 pesos for purchase, and at 40.10 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,310 pesos, while the maximum price was 39,550 pesos, and the minimum was 39,300 pesos. On this day, the number of transactions was a total of 56, with a transaction amount of 30.7 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41 pesos for online purchases through a bank or card, and from 41.82 pesos to 43.75 pesos in the Binance peer-to-peer (P2P) market.
The dollar moves away from the value expected by the market for the end of 2023
A few days before the end of the year, the dollar It is far from the value that the market projected for the end of 2023, around 40 pesos, according to the analysts consulted by the BCU in the last Economic Expectations Survey.
The cancellation of the ticket also occurs at a time when the global dollar is in decline and with the prospect that the United States Federal Reserve (Fed) begin to to cut Interest rates reference during the first quarter of next year.
Added to this is that, as happened in June, December is a month where the half bonus payment is made, so the demand for pesos is usually greater.
The dollar over the past five days
- December 8 — 39,308
- December 11 — 39,554
- December 12 — 39.85
- December 13 — 39.96
- December 14 — 39.64
Source: Ambito
