The dollar resumed its upward trend and touched its highest value of the year

The dollar resumed its upward trend and touched its highest value of the year

The US currency rose 0.36% on a daily basis, contrary to what occurred globally.

Photo: Unsplash

He dollar rose 0.36% compared to Tuesday and closed at 40.284 pesos, according to the exchange rate. Central Bank of Uruguay (BCU), resuming its upward path and remaining very close to its highest value so far this year.

With this improvement, the greenback has been above the 40 pesos range for five days and is located just cents from its mark of last Tuesday, the 2nd, which at that time broke its highest level in 20 months. Specifically, the dollar has accumulated a rise of 0.74% so far this month and the appreciation in the annual accumulation reaches 3.23%.

On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39.20 pesos for purchase and 41.40 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 39.70 pesos for purchase and 40.90 pesos for sale.

Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 43.52 pesos for online purchases with a bank account or card, and from 42.50 pesos to 44.18 pesos in the Binance peer-to-peer (P2P) market.

Embed – https://publish.twitter.com/oembed?url=https://x.com/BevsaUruguay/status/1813661106101187064&partner=&hide_thread=false

The dollar rises, contrary to the international panorama

The US currency thus behaved contrary to the international scenario, since the dollar index fell 0.43%, driven by market forecasts that the United States Federal Reserve (Fed) will soon cut the interest rates.

While markets see a slim chance of a rate cut of at least 25 basis points (bp) at the July meeting of the Fed, They are estimating a 96.2% probability for September, according to the tool FedWatch of CME.

The dollar in the previous days

  • July 10 — 40,064
  • July 11 — 40,021
  • July 12 — 40,103
  • July 15 — 40,145
  • July 16 — 40,141

Source: Ambito

Leave a Reply

Your email address will not be published.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

Latest Posts