The dollar fell and is moving away from $42

The dollar fell and is moving away from

October 10, 2024 – 17:28

The greenback fell 0.17% and is moving away from $42, according to the price of the Central Bank of Uruguay.

Photo: Freepik

He dollar fell 0.17% compared to the previous day and closed at 41,726 pesos, according to the price of the Central Bank of Uruguay (BCU), so it fell after two days of growth and moved away from the 42 peso range.

Despite this decline, in keeping with the international context, the US currency remains positive so far this month, with an appreciation of 0.21%, while in the accumulated year the dollar improved by 6.93% when compared to the end of 2023.

On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 40.45 pesos for purchase and 42,850 pesos for sale. For its part, the preferential value of eBROU dollar It was at 40.95 pesos for purchase and at 42.35 pesos for sale.

The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 41,650 pesos, while the maximum price was 41,800 pesos, and the minimum was 41,650 pesos. A total of 91 transactions were carried out, with a transaction amount of more than 43.9 million dollars.

The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 45.13 pesos for online purchases with a bank account or card, and from 42.99 pesos to 45.95 pesos in the Binance peer-to-peer (P2P) market.

Embed – https://publish.twitter.com/oembed?url=https://x.com/BevsaUruguay/status/1844457862858408423&partner=&hide_thread=false

Interest rates and the PIT-CNT plebiscite

After the strong rise of previous weeks, the movements of the dollar in the local market they begin to have ups and downs and in that sense an influencing factor is the social security plebiscite that drives the PIT-CNT, whose risk made many investors get rid of their bonds.

In parallel, the BCU admitted that its possible approval conditions the monetary policy, by admitting that during the last meeting of the Copom, carried out on Tuesday, there could have been a drop in fees, which was discarded due to market volatility and led to a “conservative” ending for the TPM.

Therefore, what happens in just over two weeks will be key for the exchange rate, when the fate of the plebiscite is known, which will be voted on Sunday the 27th along with the elections 2024.

The dollar during the previous days

  • October 3 — 41,670
  • October 4 — 41,316
  • October 7 — 41,161
  • October 8 — 41,543
  • October 9 — 41,796

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts