He dollar blackboard rose this Monday in Uruguay 20 cents from Friday’s close, as global financial indicators showed market panic at the possibility of USA enter a recession.
On the reference board of the Republic Bank (BROU)), he dollar The retail bill is offered at 39.25 pesos for purchase and 41.75 pesos for sale, which represents a variation of -0.25% and 0.48% respectively compared to the closing price on Friday.
For its part, the preferential value of the eBROU Dollar It operates at 39.75 pesos for purchase and 41.25 pesos for sale.
The wholesale dollar rose 0.28% on Friday, closing at 40.459 pesos according to the official exchange rate. Central Bank of Uruguay (BCU)distancing itself from the global scenario that had already reacted negatively to the employment report in the United States, which showed a slowdown of the economy.
The US currency has accumulated a monthly variation of 0.46% after recording its fourth consecutive monthly increase in July. On an annual level, it has already accumulated an appreciation of 3.68% due to the fact that its interbank rate is 1.44 pesos above that registered after the closing of the last exchange day of last year.
The dollar at a global level
He global dollar and the euro lost 2% against the and in this Monday amid a massive sell-off in stocks on global stock exchanges as investors fear that USA fall into a recession.
He dollar index fell 0.6% against an index of major currencies to trade at 102.65, a near five-month low.
The yen and the Swiss francconsidered safe havens, rose as carry trades unraveled, sparking speculation that some investors were liquidating profitable trades to raise money to cover losses elsewhere. Such was the torrent of selling that circuit breakers were triggered in stock markets across the world. Asia.
Source: Ambito
