The US currency closed the week with a strong rise, at a time when the greenback is gaining momentum around the world.
He dollar rose 0.99% compared to Thursday and closed at 42,146 pesos, according to the price of the Central Bank of Uruguay (BCU), closing the week with a daily jump that pushed the greenback back above the 42 peso range, at maximums in a month and a half.
This increase led the US currency to achieve a weekly improvement of 1.32%, while so far this month the increase is 1.19%. In this way, the dollar is on track to close a year with a significant appreciation, of around 8.01% compared to the end of 2023, even above what the market expects. market.
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 40.95 pesos for purchase and 43.45 pesos for sale. For its part, the preferential value of eBROU dollar It was at 41.45 pesos for purchase and at 42.95 pesos for sale.
The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 42,200 pesos, while the maximum price was also 42,200 pesos, and the minimum was 42 pesos. A total of 53 transactions were carried out, with a transaction amount of more than 27 million dollars.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 45.32 pesos for online purchases with a bank account or card, and from 43.50 pesos to 45.92 pesos in the Binance peer-to-peer (P2P) market.
The dollar is strengthening around the world
The strong rise in local exchange market coincides with what happened at the international level, with the dollar index recovering from its fall on Thursday and improving more than 0.5% to 105.07 units.
After the 25 basis point reduction in interest rates by the United States Federal Reserve (Fed), Investors are waiting for the policies of the new administration of the president-elect in that country, Donald Trump.
The possibility of more trade tariffs, restrictive measures against illegal immigration, lower taxes and business deregulation could boost growth and inflation, strengthening the dollar and affecting the Fed’s anticipated loosening of monetary policy.
The dollar during the previous days
- November 1 — 41,589
- November 4 — 41,598
- November 5 — 41,559
- November 6 — 41,763
- November 7 — 41,731
Source: Ambito
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