The banknote rose 0.33% and continues to recover ground, in line with what is happening with the currency globally.
He dollar rose 0.33% compared to its price on Wednesday and the interbank price of Central Bank of Uruguay (BCU) closed at 38,664 pesos, maintaining its positive streak so far in April, with 8 increases in the last 10 rounds.
The US currency thus reacted to what were the latest market signals, including the reduction of 50 basis points in the Monetary Policy Rate by the BCU, such as the economic data of USA, which suggest that the Federal Reserve (Fed) delay the interest rate cut until September.
On the reference board of the Republic Bank (BROU), dollar bill retail It was offered at 37.45 pesos for purchase and 39.85 pesos for sale. For its part, the preferential value of eBROU dollar It was at 37.95 pesos for purchase and at 39.35 pesos for sale.
The closing price of the day in the Uruguayan Electronic Stock Exchange (Bevsa) It was 38,640 pesos, while the maximum price was 39 pesos, and the minimum was 38,630 pesos. On this day, the number of transactions was a total of 33, with a transaction amount of 16.1 million dollars.
The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 40.16 pesos for online purchases through a bank or card, and from 40.60 pesos to 43.16 pesos in the Binance peer-to-peer (P2P) market.
The dollar recovers ground amid criticism of exchange rate delays
In this way, the dollar maintains a more than positive April, with a rise of 2.96% so far this month, which partially cuts the decline in the accumulated annual figure. The thing is, if the current value is compared to the end of 2023, the differential is negative and reaches 0.92%, mainly due to poor performance during March.
Despite the recent improvement in the bill, the scenario is viewed with concern from the agricultural sectorto the point that the president of the Rural Association of Uruguay (ARU), Patricio Cortabarría, he questioned exchange delay this afternoon and took aim at the government for public spending.
According to Cortabarría, the problem has been repeated over the years in the country and in this case he held the government responsible for “the more than 2.5 billion dollars that the State is spending more than it collects,” putting the focus on the tax situation.
The dollar over the past five days
- April 4 — 38.24
- April 5 — 38,521
- April 8 — 38,792
- April 9 — 38,494
- April 10 — 38,538
Source: Ambito
