The bill appreciated in value this Monday, although it has still accumulated negative performance so far this month.
He dollar rose 0.14% compared to last Friday and closed at 38,811 pesos, according to the price of the Central Bank of Uruguay (BCU), so that it ended a streak of three consecutive losses, despite which it remains below the range of 39 pesos
The US currency thus accumulates a depreciation of 0.6% so far this month, after what was its worst weekly fall, while so far this year it has fallen 0.54% compared to the end of 2023. Thus, the banknote was in tune with the global trend, since the dollar index rose 0.2% to 102.85, although not far from the nearly two-month low of 102.33, reached on Friday.
On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.60 pesos for purchase and 40 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.10 pesos for purchase and at 39.50 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 38,790 pesos, while the maximum price was 38,850 pesos, and the minimum was 38,750 pesos. On this day, the number of transactions was a total of 33, with a transaction amount of 20.5 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 42.05 pesos for online purchases through a bank or card, and from 41.40 pesos to 43 pesos in the Binance peer-to-peer (P2P) market.
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Despite this increase, the exchange rate delay is worrying
He dollar stopped its downward trajectory at moments where the exchange delay is once again questioned by different sectors of the agro-export sector. It is that the real exchange rate in Uruguay It is almost 16% below its fundamentals, so the focus is on competitiveness.
In this sense, the former president spoke Jose Mujica, who considered that the exchange rate delay “is the largest in the century and is screwing us up,” while the president of the Rice Growers Association (HERE), Alfredo Lagowho lamented that “it strongly affects the competitiveness”.
For the president of the Rural Association of Uruguay (ARU), Patricio Cortabarríathe problem “continues to be the main eroder of the economic results of companies and a factor that is taking people out of the countryside and weakening those on a smaller scale,” as he confided days ago to Ambit.
The dollar over the past five days
- March 4 — 38,998
- March 5 — 39,051
- March 6 — 38,962
- March 7 — 38,761
- March 8 — 38,756
Source: Ambito
