The dollar added its second consecutive decline and was far from the value expected by the market

The dollar added its second consecutive decline and was far from the value expected by the market

He dollar fell 0.42% compared to last Friday and closed at 38,346 pesos, according to the price of the Central Bank of Uruguay (BCU), adding its second consecutive loss and once again approaching the range of 37 pesos.

With this decline, the bill lost ground within the framework of a positive month, in which it accumulated an improvement of 2.11%. In turn, the depreciation so far this year reached 1.76%, moving away from the value expected by the market, which predicts a dollar to 39 pesos by the end of the month, which would exceed 40 pesos in December.

On the reference board of the Republic Bank (BROU)he dollar Retail ticket was offered at 37.10 pesos for purchase and 39.50 pesos for sale. For its part, the preferential value of eBROU dollar It was at 37.60 pesos for purchase and 39 pesos for sale.

The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) It was 38,310 pesos, while the maximum price was also 38,500 pesos, and the minimum was 38,270 pesos. On this day, the number of transactions was a total of 72, with a transaction amount of more than 35.8 million dollars.

The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today from 41.20 pesos to 42.77 pesos in the Binance peer-to-peer (P2P) market.

The quote of dollar prex It was at 38.16 pesos for purchase, and at 38.54 pesos for sale.

Grafidol .jpg

The global dollar also closed lower

The behavior of the US currency in the Uruguayan market was in tune with global operations, since the dollar index, fell 0.4% to 105.66 units, reaching a two-week low after the preliminary composite PMI production index fell to 50.9 USA, which follows the manufacturing and service sectors.

Anyway, the dollar rose to 154.88 yen, its highest in 34 years and approaching 155 yen, a level that many participants consider the new trigger for intervention by the Japanese authorities.

On the other hand the euro rose to a two-week high against the dollar, hitting $1.0711, before trading back to $1.0707, up 0.5%.

Investors will have another chance to assess the strength of the U.S. economy this week, with data from the Gross domestic product of the first quarter on Thursday and the personal consumption price expenditure index (PCE), the preferred measure of inflation Federal Reserve, which will be this Friday.

The dollar throughout the previous days

  • April 15 — 38,891
  • April 16 — 39,223
  • April 17 — 38,707
  • April 18 — 38,378
  • April 19 — 38,506

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts