He dollar remained stable compared to the previous day and closed at 40.282 pesos, just one cent above Monday’s value, according to the official exchange rate. Central Bank of Uruguay (BCU).
In this way, the greenback maintained its monthly appreciation of 0.73% in July and is heading for its fourth consecutive monthly rise. In the annual accumulation, the dollar It has improved by 3.23% compared to the end of 2023.
On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39.05 pesos for purchase and 41.45 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 39.55 pesos for purchase and 40.95 pesos for sale.
The closing price in the Electronic Stock Exchange of Uruguay (Bevsa) The highest price was 40,250 pesos, while the highest price was 40,350 pesos, and the lowest was 40,250 pesos. A total of 109 transactions were made, with a transaction value of more than 55.2 million dollars.
Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 43.64 pesos for online purchases with a bank account or card, and from 42 pesos to 44.39 pesos in the Binance peer-to-peer (P2P) market.
The quote of the Prex dollar It was at 40.10 pesos for purchase, and 40.50 pesos for sale.
The dollar awaits the Fed’s decision
While the dollar remained stable in the local exchange market, investors around the world remain attentive to the imminent decision of the United States Federal Reserve (Fed), which began its meeting on Tuesday monetary politics.
Thus began the event in which the North American central bank will discuss the opportune moment to begin reducing its interest rates, something that would not happen after this session, but could happen only in September.
Thus, the market expects that the Fed maintain its rates at the current levels of 5.25-5.50%, the highest since 2001, consolidating the objective of achieving a inflation of 2% per year, considered healthy for the economy of that country, 50 basis points below the current level.
However, investors are waiting for a surprise. A cut on Wednesday could weaken the US currency globally.
The dollar during the previous days
- July 23 — 40,173
- July 24 — 40,243
- July 25 — 40,280
- July 26 — 40,261
- July 29 — 40,281
Source: Ambito
