The US currency closed today with a slight drop and ended 2023 in the range of $39, without reaching the value expected by the market.
He dollar ended a negative 2023 with an annual decline of 2.62%, after trading today with a slight drop of 0.06% compared to Thursday and closing at 39,022 pesos, according to data from the Central Bank of Uruguay (BCU).
In this way, the US currency ended a positive December, in which it appreciated 1.21% compared to November and ended within the range of 39 pesos, but it was not enough to cut the depreciation compared to 2022. year in which the dollar It closed at 40,071 pesos.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket 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 38,850 pesos, while the maximum price was 39,250 pesos, and the minimum was 38,850 pesos. On this day, the number of transactions was a total of 33, with a transaction amount of almost 16.5 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 with a card, and from 41 pesos to 43.35 pesos in the Binance peer-to-peer (P2P) market.
The dollar failed to meet market expectations
Despite having been appreciated in December, the dollar failed to reach the level of market projections. The analysts consulted by the BCU in the last Economic Expectations Survey (EEE) They expected it to close the year at 39.50 pesos.
After a close of the year that had global dollar down, in Uruguay The new reduction in interest rates stands out, which remained in the order of 9% by decision of the Monetary Policy Committee (Copom), which in 2023 cut 250 basis points from the MPR since April.
That will be one of the aspects that may affect the beginning of 2024, for which the Macroeconomic Coordination Committee He also decided to maintain the target range for inflation between 3% and 6%.
The dollar over the past five days
- December 21 — 39,365
- December 22 — 39,234
- December 26 — 39,195
- December 27 — 39,017
- December 28 — 39,044
Source: Ambito
