The US currency fell for the fourth consecutive day and entered negative territory so far this month.
He dollar fell 0.22% compared to Thursday and closed at 40.207 pesos, according to the exchange rate. Central Bank of Uruguay (BCU), thus chaining its fourth consecutive decline and ending the week with a drop of 0.62%.
In this way, beyond the behavior of the US currency at a global level, the dollar It fell 0.17% so far this month and remains above 40 pesos, despite having reduced its appreciation to 3.04% in the year-to-date.
On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39 pesos for purchase and 41.50 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 39.05 pesos for purchase and 41 pesos for sale.
The closing price in the Electronic Stock Exchange of Uruguay (Bevsa) was 40,270 pesos, while the maximum price was also 40,270 pesos, and the minimum was 40,150 pesos. A total of 35 transactions were made, with a transaction amount of almost 18 million dollars.
Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 43.76 pesos for online purchases with a bank account or card, and from 42.89 pesos to 44.60 pesos in the Binance peer-to-peer (P2P) market.
The fall of the dollar amid a turbulent market
The weekly decline of the US currency It occurred at a time when investors are closely watching the performance of the market After the shock that the dismantling of the carry trade operation with the Japanese yen.
In fact, the position of leveraged funds in the currency of Japan narrowed to the smallest net short position since February 2023 in the past week, data from the Commodity Futures Trading Commission showed. USA and LSEG published on Friday.
The net position of leveraged funds (typically hedge funds and various types of money managers, including commodity trading advisors) [CTAs]) was short 24,158 contracts, compared with a net short position of about 70,000 contracts in the previous week, data showed as of Aug. 6.
That is the biggest change in weekly net positioning in yen by leveraged funds since March 2011, LSEG data showed. dollar fell 9% against the yen over the past month.
The dollar in the previous days
- August 2 — 40,459
- August 5 — 40,631
- August 6 — 40,501
- August 7 — 40,405
- August 8 — 40,296
Source: Ambito
