The bill showed a daily increase of 0.08% and accumulates a slightly negative balance so far this month.
He dollar increased 0.08% compared to Thursday and closed the week at 38.986 pesos, a few cents away from returning to the range of 39 pesos, according to the price of the Central Bank of Uruguay (BCU).
With this slight increase, the US currency added its third consecutive day to the rise and continues to reduce the monthly decrease, in line with the international context, which now stood at 0.09% compared to the end of December 2023, when a dollar It was worth 39,044 pesos.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.75 pesos for purchase and 40.25 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.25 pesos for purchase and at 39.75 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 39,050 pesos, and the minimum was 38,850 pesos. On this day, the number of transactions was a total of 45, with a transaction amount of 22.5 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 40.56 pesos for online purchases through a bank or card, and from 41.60 pesos to 42.86 pesos in the Binance peer-to-peer (P2P) market.
What is expected for the dollar locally and internationally?
After a slight decline in 2023, the dollar 2024 began with ups and downs and its behavior is still far from what the market expects, according to the Economic Expectations Survey (EEA) that prepares the BCU, which is expected to close January at 39.40 pesos and climb to 41.40 pesos by the end of the year.
However, other economic actors foresee a constant drop in the banknote internationally. This is how it was graphed weeks ago to Ámbito Angel Urraburu, president of the Montevideo Stock Exchangepointing out that “the tendency to dollar weakness It is going to come strong from now on, not with a resounding fall, but with a constant one.”
For this to happen or not, the decision of the Federal Reserve (Fed) of the United States, which announced that this year it will cut interest rates by around 75 basis points, which would drag down the value of the US currency.
In that line, the United States Personal Consumption Expenditure Index (PCE) indicated that inflation was 2.6% annually in December, unchanged compared to November, a figure that will surely Fed will be taken into account in the monetary policy meeting that will take place next week.
The dollar over the past five days
- January 19 — 39,054
- January 20 — 38,745
- January 23 — 38,685
- January 24 — 38,707
- January 25 — 38,954
Source: Ambito
