After several days of ups and downs, the US currency is moving away from $40 and is beginning to look askance at the $38 range.
He dollarr fell 0.33% compared to Thursday and closed the week at 39,234 pesos, according to the price of the Central Bank of Uruguay (BCU), so it added its second consecutive loss, within the framework of a week with ups and downs.
The US currency remains in tune with the international context and it moves away from the 40 peso range, cutting its improvement for the month to 0.29%. If compared to the end of 2022, the year-on-year depreciation of dollar reaches 2.09%.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 38.05 pesos for purchase, and 40.55 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.55 pesos for purchase, and at 40.05 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,300 pesos, while the maximum price was also 39,300 pesos, and the minimum was 39,200 pesos. On this day, the number of transactions was a total of 26, with a transaction amount of 11 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.29 pesos for online purchases through a bank or card, and from 41.29 pesos to 43.40 pesos in the Binance peer-to-peer (P2P) market.
The impact of the Fed’s decisions while waiting for the Copom to meet
The United States Federal Reserve (Fed) and his decision to maintain the level of reference interest rates It was generally imitated by the main developed central banks, which applied only one increase and several pauses.
It’s just that Norway raised rates 25 basis points in December, while the European Central Bank (ECB) and the monetary authorities of England, Japan, Australia, Canada and Swiss They followed the Fed in its pause.
In that context, it will be necessary to see what determination the BCU at the next meeting of the Monetary Policy Committee (Copom), which will take place next Friday the 29th. There, the authorities could begin the end of the cycle of declines announced by the authorities after the last two meetings, which in turn could have its impact on the price of the dollar.
The dollar over the past five days
- December 15 — 39,388
- December 18 — 39,351
- December 19 — 39,233
- December 20 — 39,454
- December 21 — 39,365
Source: Ambito
