The ticket had a daily drop of 0.23%, but managed to maintain the positive balance so far this year.
He dollar fell 0.23% compared to Thursday and was quoted at 39,074 pesos, according to data from the Central Bank of Uruguay (BCU), so the US currency opened the month lower, although resisting within the range of 39 pesos.
In any case, the dollar maintains its positive behavior so far this year, with an appreciation of 0.13% compared to the end of 2023, thanks to the 0.36% improvement that it managed to accumulate in January, which in any case fails to bring the value closer of the ticket at expectations From the market.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.80 pesos for purchase and 40.20 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.30 pesos for purchase and at 39.70 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 39,100 pesos, and the minimum was 39 pesos. On this day, the number of transactions was a total of 24, with a transaction amount of 11.9 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 with a card, and from 41.84 pesos to 43.09 pesos in the Binance peer-to-peer (P2P) market.
The quote of dollar prex It was at 39.00 pesos for purchase and at 39.40 pesos for sale.
What does the dollar market expect for 2024?
With its current value, the dollar cannot come close to the expectations that the market has about its value for 2024. The fact is that, according to the latest Economic Expectations Survey (EEE) of the BCU, analysts expected that the bill would end January at 39.38 pesos, a figure that it did not reach.
However, the biggest challenge for the US currency lies ahead. Economic agents expect the dollar to reach 40.25 pesos for the first half of the year and to reach 41.60 pesos on the last day of the year.
Among the different aspects that can influence the price, the expectation is focused on that, after a downward 2023, the global dollar can advance based on the decisions of the United States Federal Reserve (Fed), that this Wednesday decided to maintain rates, although the magnifying glass is also on the monetary policy of the BCU and that the cut of the TPM started in 2023.
The dollar over the past five days
- January 25 — 38,954
- January 26 — 38,986
- January 29 — 39.05
- January 30 — 39,171
- January 31 — 39,164
Source: Ambito
