24hoursworld

The dollar slowed its momentum, but added its fourth consecutive weekly rise

The dollar slowed its momentum, but added its fourth consecutive weekly rise
The dollar slowed its momentum, but added its fourth consecutive weekly rise

He dollar fell 0.06% compared to Thursday and closed at 39,256 pesos, according to the price of the Central Bank of Uruguay (BCU), marking its fourth consecutive weekly increase and consolidating itself in the range of 39 pesos.

The US currency thus operated contrary to what happened internationally, with a global dollar which was appreciated before the fall of the euro, due to concerns that a new government will worsen the fiscal situation of France.

On the reference board of the Republic Bank (BROU), the retail dollar bill was offered at 37.95 pesos for purchase and 40.45 pesos for sale. For its part, the preferential value of eBROU dollar It was at 38.45 pesos for purchase and at 39.95 pesos for sale.

The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) It was 39,220 pesos, while the maximum price was 39,300 pesos, and the minimum was 39,220 pesos. A total of 10 transactions were carried out, with a transaction amount of more than 5.4 million dollars.

The crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 42.18 pesos for online purchases with a bank account or card, and from 41.35 pesos to 43.24 pesos in the Binance peer-to-peer (P2P) market.

Embed – https://publish.twitter.com/oembed?url=https://x.com/BevsaUruguay/status/1801696212346933677&partner=&hide_thread=false

The dollar remains in positive territory in the accumulated year

After the slight drop this Friday, the dollar It remains in positive territory so far this year, with an improvement of 0.60% compared to the end of 2023, indicating that the greenback could recover some of its value.

Furthermore, in the monthly accumulated, the currency reached an appreciation of 1.20% in the first two weeks of the month and, if this trend continues, it would close its third month on the rise, after the increases of 1.24% in May and of 2.04% in April.

However, looking ahead, the financial advisor of Balanz Uruguay, Alan Babic, He explained days ago to Ambit that “great volatility is not expected” in the exchange rate, when asked about movements after the decision of the Federal Reserve (Fed) to keep rates high for longer.

In fact, he considered that the value of dollar It does not have as much connection with what the Fed defines as with the factor that “competitiveness in Brazil”.

The dollar throughout the last few days

  • June 7 — 39,108
  • June 10 — 39,183
  • June 11 — 39,089
  • June 12 — 39,179
  • June 13 — 39,279

Source: Ambito

Leave a Reply

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

Latest Posts