He dollar fell 0.06% this Tuesday and closed at 38,789 pesos, according to the price of the Central Bank of Uruguay (BCU), bouncing after Monday’s rise and remaining in the range of 38 pesos.
In this way, the US currency fails to recover ground and accumulates a fall of 0.66% so far this month, breaking its relatively “ironed” value of previous weeks and deepening the exchange delay, which reaches around 16%. Meanwhile, so far this year the depreciation reaches 0.60% compared to the end of 2023.
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 38,770 pesos, while the maximum price was 38,800 pesos, and the minimum was 38,760 pesos. On this day, the number of transactions was a total of 42, with a transaction amount of 22 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 41.10 pesos for online purchases through a bank or card, and from 41.10 pesos to 42.87 pesos in the Binance peer-to-peer (P2P) market.
The dollar appreciated globally
Meanwhile, the dollar index recovered 0.2% of its value and closed at 102.95 units, after knowing the data that showed an acceleration of the inflation last month in USA, which slightly reduced expectations of an interest rate cut by the Federal Reserve at its June monetary policy meeting.
Meanwhile, the US currency advanced 0.5% against its Japanese pair, to 147.66 yen, Meanwhile he euro was stable at $1.0925, after reaching a nearly two-month high last week.
These values were given after the Department of Labor report, which showed that the Consumer price index (CPI) rose 0.4% in February, in line with forecasts, while in year-on-year terms it increased 3.2%, compared to the estimated increase of 3.1%.
“The CPI was not a significant surprise, but it is firmer than expected. While some of the details in the report were encouraging, it still indicates that we are not yet at the point where the Federal Reserve should feel comfortable cutting rates,” he pointed Vassili Serebriakov, currency strategist at UBS in New York.
The dollar over the past five days
- March 5 — 39,051
- March 6 — 38,962
- March 7 — 38,761
- March 8 — 38,756
- March 11 — 38,811
Source: Ambito
