He dollar rose 0.63% compared to Thursday and closed at 44,558 pesos, according to the price of the Central Bank of Uruguay (BCU), breaking its annual record and again breaking highs in almost three years, reaching a value that it had not reached since January 20, 2022.
In this way, the us currency Thus, its bullish rally consolidated a new weekly increase, in this case of 2.33%, increasing just over one peso in five days from 43,543 pesos last Friday.
In the monthly variation, the dollar It accumulates an improvement of 3.24% so far in December, which reaches 14.19% in the accumulated annual value when compared to the 39,022 pesos it was worth on the last business day of 2023.
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 43.40 pesos for purchase and 45.60 pesos for sale. For its part, the preferential value of eBROU dollar It was at 43.75 pesos for purchase and at 45.25 pesos for sale.
The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 44,520 pesos, while the maximum price was 44,650 pesos, and the minimum was 44,500 pesos. A total of 84 transactions were carried out, with a transaction amount of 51.4 million dollars.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 48.05 pesos for online purchases with a bank account or card, and from 46.20 pesos to 48.71 pesos in the Binance peer-to-peer (P2P) market.
A global strengthening
This upward trend is explained by local and international factors, among which the strengthening of the global dollar stands out, which “occurred somewhat more intensely in Uruguay”, He explained days ago to Ámbito Giuliano Cantisani, economist CPA Ferrere.
The improvement of the greenback against other currencies occurs due to the agenda of the president-elect of United States, Donald Trump, which according to the specialist “is based on greater protectionism (increasing tariffs) and fiscal expansion, which translates into pressures on activity and prices in the short/medium term.”
Added to this is the possible recurrence of a trade war with China. “The expectation of devaluation in the affected countries drives the strengthening of the dollar, especially in the face of emerging economies,” Cantisani warned.
The variation of the dollar in recent days
- November 6 — 43,543
- November 9 — 43,726
- November 10 — 44,028
- November 11 — 44,433
- November 12 — 44,281
Source: Ambito
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