The bill had a daily rise of 0.09% and continues with a trend of slight ups and downs, above $39.
He dollar rose 0.09% compared to Thursday and was quoted at 39,137 pesos, according to data from the Central Bank of Uruguay (BCU), thus closing the week slightly below the value with which it began, at a time when the US currency remains “ironed.”
The bill continues adding days within the range of 39 pesos, although it is still far from 40 pesos, a mark that it has not reached since November 1, 2023. The fact is that the dollar rebound and accumulates a decrease of 0.07% so far this month, although, measured with respect to the end of last year, it maintains an appreciation of 0.29%.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.90 pesos for purchase and 40.40 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.40 pesos for purchase and at 39.90 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,130 pesos, while the maximum price was 39,150 pesos, and the minimum was 39,100 pesos. On this day, the number of transactions was a total of 23, with a transaction amount of 12 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.30 pesos for online purchases through a bank or card, and from 41.30 pesos to 43.10 pesos in the Binance peer-to-peer (P2P) market.
The dollar continues to fail to meet expectations
He dollar It still does not reach the value expected by the market, although the expectations of the analysts consulted by the BCU will be reviewed next week and it is expected that there will be a downward correction in terms of the behavior of the note.
The US currency is not only below the 39.38 pesos expected for the end of January, but economic agents expected an upward trend, as can be presumed from the median response for June, which places the dollar at 40.25 pesos at the end of that month. Even the forecasts pointed to a price of 41.40 pesos by the end of 2024.
At the moment, the interbank is far from that level and next week will be important, since the BCU will release important reports, such as economic and inflation expectations, but will also meet Copom to define the level of the interest rates.
The dollar over the past five days
- February 7 — 39,073
- February 8 — 39,217
- February 9 — 39,163
- February 14 — 39,183
- February 15 — 39,102
Source: Ambito
