The US currency added its fifth consecutive day of gains and remains above $41.
He dollar broke a new high of almost two years after rising 0.11% compared to the previous day and closing at 41.071 pesos, according to the exchange rate. Central Bank of Uruguay (BCU), adding its fifth consecutive day of gains after the jump on Wednesday.
The US currency thus accumulates an increase of 1.82% so far this month and its appreciation reaches 5.25% so far this year, so that the dollar It is thus located at a value that it has not reached since October 25, 2022, almost 23 months ago.
On the reference board of the Republic Bank (BROU), he dollar The retail bill was offered at 39.70 pesos for purchase and 42.10 pesos for sale. For its part, the preferential value of the eBROU Dollar It was at 40.20 pesos for purchase and 41.60 pesos for sale.
The closing price in the Electronic Stock Exchange of Uruguay (Bevsa) was 40,900 pesos, while the maximum price was 41,150 pesos, and the minimum was 40,900 pesos. A total of 56 transactions were made, with a transaction amount close to 45.8 million dollars.
Crypto Tether (USDT)1 to 1 parity with the dollarwas quoted today at an average of 44.52 pesos for online purchases with a bank account or card, and from 42.18 pesos to 45.15 pesos in the Binance peer-to-peer (P2P) market.
Local and international reasons behind the rise of the dollar
Analyzing the sharp jump in dollar, the supervisor of the Economic Analysis and Forecasting Service of CPA Ferrere, Giuliano Cantisani, He told him Scope that there are “movements and recompositions” in the investment portfolios, something that he attributed to “the concern that the bill will be approved plebiscite on social security” that promotes the PIT-CNT.
In addition to this local factor, there is the international context. On this point, Balanz’s financial advisor, Alan Babic, He told this media that “although it is not yet confirmed, the market is already discounting a 0.25% drop” in the rates of the Federal Reserve (Fed), following the meeting that will take place next week.
The dollar in recent days
- September 5 — 40,333
- September 6 — 40,346
- September 9 — 40,389
- September 10 — 40,437
- September 11 — 41,027
Source: Ambito
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