The dollar fell for the first time in the last six days

The dollar fell for the first time in the last six days

December 12, 2024 – 16:32

The US currency moved away from its new high in almost three years, but remains firm above $44.

Photo: Pixabay

He dollar fell 0.34% and put an end to six consecutive days on the rise, closing at 44.281 pesos, according to the price of the Central Bank of Uruguay (BCU), moving the US currency away from its new high in almost three years.

In this way, the greenback momentarily put an end to its bullish rally, although, when analyzing the trend on a monthly basis, the performance remains positive, with a rise of 2.60%. In turn, the dollar It has an increase of 13.48% in the accumulated annual figure.

On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 43.35 pesos for purchase and 45.55 pesos for sale. For its part, the preferential value of eBROU dollar It was at 43.85 pesos for purchase and at 45.05 pesos for sale.

The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 44,450 pesos, while the maximum price was 44,500 pesos, and the minimum was 44,100 pesos. A total of 68 transactions were carried out, with a transaction amount of 33.8 million dollars.

The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 48.23 pesos for online purchases with a bank account or card, and from 46.10 pesos to 48.89 pesos in the Binance peer-to-peer (P2P) market.

The bullish path of the dollar and the season

This behavior of dollar It occurred in the midst of a strong upward trend in the greenback in recent weeks that could continue in the long term, given the heat of the international situation, according to what the research economist in the Development Studies Center (CED), Deborah Eilender.

However, while he noted that this is the long-term perspective, Eilender clarified that the exchange rate “It could stabilize in the short term or grow more slowly.”

The CED representative linked this possibility to “a significant income from tourists” that would occur in the season, which will bring about “a fairly significant income of dollars that could stabilize the value of the currency during these months.”

The dollar during the previous days

  • November 5 — 43,450
  • November 6 — 43,543
  • November 9 — 43,726
  • November 10 — 44,028
  • November 11 — 44,433

Source: Ambito

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