The dollar opened the week higher and was on the verge of returning to the $39 range

The dollar opened the week higher and was on the verge of returning to the  range

The US currency broke with three days of decline and rose 0.18% compared to Friday.

Photo: Unsplash

He dollar opened the week on the rise after rising 0.18% compared to last Friday, closing at 38.998 pesos, according to the official price of the Central Bank of Uruguay (BCU)thus going bankrupt with three days down and being on the verge of returning to the range of 39 pesos.

The US currency accumulated a monthly decline of 0.13% in March, and at an annual level of 0.06% after falling 0.02 pesos since the last exchange day of 2023.

From the Economic Research Center (Cinve) they explained to Ambit that the incentive to maintain assets in pesos due to interest rate differences, as well as the contractionary monetary policy carried out by the BCU and the genuine inflow of foreign currency during the previous year are some of the explanations why the exchange rate continues “ironing.”

Bevsa.jpg

The retail bill remains below 40.5 pesos

On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.85 pesos for purchase and 40.25 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.35 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 38,920 pesos, while the maximum price was 39,000 pesos, and the minimum was 38,900 pesos. On this day, the number of transactions was a total of 28, with a transaction amount of 15 million dollars.

The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.00 pesos for online purchases through a bank or card, and from 41.00 pesos to 42.97 pesos in the Binance peer-to-peer (P2P) market.

The quote of dollar prex It was at 38.85 pesos for purchase, and at 39.25 pesos for sale.

The dollar over the past five days

  • February 26 — 39,148
  • February 27 — 39,153
  • February 28 — 39,129
  • February 29 — 39,047
  • March 1 — 38,927

Source: Ambito

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