The us currency closed last week near the $38 range – a value it has not touched since the beginning of December of last year – and hopes to open the market to be able to recover the improvements it had been showing since monthly level.
Last Friday on interbank reduced the improvement that it had been showing in the previous days and is at levels close to those at the beginning of the year, to the point that the appreciation at a monthly level is barely 0.03%, after a 2023 in which the dollar operated downwards.
In addition, the last business of the week on the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.85 pesos for purchase, and 40.35 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.35 pesos for purchase, and at 39.85 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39 pesos, while the maximum price was 39,250 pesos, and the minimum was 39 pesos. On this day, the number of transactions was a total of 48, with a transaction amount of 23.8 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.18 pesos for online purchases through a bank or card, and from 41.80 pesos to 43.21 pesos in the Binance peer-to-peer (P2P) market.
The market expects a recovery of the dollar this year
The analysts consulted by the last Economic Expectations Survey (EEA) of Central Bank of Uruguay (BCU) estimated that the value of dollar It will be 41.40 pesos at the end of December, according to the median of the responses, a value 0.48% lower than the 41.60 pesos estimated last month.
As for this month, the EEA indicated that the market expects a value close to 39.38 pesos for the end of January, while expecting an improvement of 2.97% in the first semester, with a price of 41.25 pesos at the end of June.
Projecting into the future, analysts anticipated a value of 43.20 pesos for the closing of 2025 and 45.65 pesos for December 2026, which implies increases of 9.6% and 14.45%, respectively.
Given these forecasts, it remains to be seen what the evolution of the banknote will be like in a year in which there is optimism about a strengthening of the dollar at a global level, which could push up the price in Uruguay. In that sense, the decisions of the United States Federal Reserve (Fed) They will be a key element.
Source: Ambito
