The dollar recovered and remains above what the market expects

The dollar recovered and remains above what the market expects

The greenback rose 0.14% and remains firmly above $40, according to the Central Bank of Uruguay’s quote.

Photo: Reuters

He dollar rose 0.14% compared to Monday and closed at 40.173 pesos, according to the exchange rate. Central Bank of Uruguay (BCU), recovering value after the sharp drop of the previous day and firming above 40 pesos.

In this way, the greenback achieved an increase of 0.46% so far this month and, after a sustained four-month upward path, the dollar appreciated by 2.95% compared to the last day of 2023.

On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39.10 pesos for purchase and 41.30 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 39.60 pesos for purchase and 40.80 pesos for sale.

The closing price in the Electronic Stock Exchange of Uruguay (Bevsa) The highest price was 40,180 pesos, while the highest price was 40,200 pesos, and the lowest was 40,150 pesos. A total of 48 transactions were made, with a transaction value of almost 23.6 million dollars.

Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 43.51 pesos for online purchases with a bank account or card, and from 42.47 pesos to 44.33 pesos in the Binance peer-to-peer (P2P) market.

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The dollar remains above the value expected by the market

He dollar, which was quoted higher in line with what happened globally, where it improved by 0.15%, thus remains above the value that the market expects for the close of this month, which according to the median of the responses of the analysts consulted by the BCU would be 40.08 for the last day of July.

Meanwhile, the US currency remains below the 40.80 that the Economic Expectations Survey (EEA) towards the end of the year.

The interbank rate over the previous days

  • July 15 — 40,145
  • July 16 — 40,141
  • July 17 — 40,284
  • July 19 — 40,454
  • July 22 — 40,116

Source: Ambito

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