The US currency showed a slight drop of 0.02%, weaker than the decline seen globally.
He dollar fell 0.02% compared to Monday and closed at 43.175 pesos, according to the price of the Central Bank of Uruguay (BCU), maintaining relative stability in recent days and consolidating above 43 pesos.
In this way, the US currency attenuated its upward path, which led it to rise more than 15% in eight months and accumulate an appreciation of 10.64% in the accumulated year, according to data from the Uruguayan Electronic Stock Exchange (Bevsa).
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 42 pesos for purchase and 44.40 pesos for sale. For its part, the preferential value of eBROU dollar It was at 42.50 pesos for purchase and at 43.90 pesos for sale.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 46.88 pesos for online purchases with a bank account or card, and from 45.10 pesos to 47.52 pesos in the Binance peer-to-peer (P2P) market.
The global dollar traded lower
The US currency behaved in the local exchange market in line with what happened globally, where the dollar index fell more than 0.2% after the official of the United States Federal Reserve (Fed), Christopher Waller will signal that he is “leaning toward” a rate cut at the December 18 meeting.
“We agree with (Waller’s) comments and we remain in the camp of the December cut,” he told Reuters. Mohit Kumar, economist at Jefferies, and ventured: “After December, we expect the pace of rate cuts to slow to one per quarter and the next cut will likely be in March.”
In this scenario, traders see about a 75% chance of a quarter-point cut at this month’s Fed meeting, up from 66% the day before and 52% a week ago, according to the tool FedWatch from CME.
The dollar during the previous days
- November 26 — 42,820
- November 27 — 43,007
- November 28 — 43,157
- November 29 — 43,158
- December 2 — 43,183
Source: Ambito
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