The US currency rose 0.64% at the beginning of the year where it failed to capitalize on the strength it exhibits globally.
He dollar rose 0.64% compared to Thursday and closed at 43,961 pesos, according to the price of the Central Bank of Uruguay (BCU), completing a week with ups and downs with an almost neutral variation.
The US currency, which has accumulated a fall of 0.24% so far this month, is thus moving away from what is happening internationally, with a global dollar strengthened during the last few days, in the heat of the forecasts of the Federal Reserve (Fed) about the interest rates and the projections on the policies that will be applied donald trump in his mandate.
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 42.75 pesos for purchase and 45.25 pesos for sale. For its part, the preferential value of eBROU dollar It was at 43.25 pesos for purchase and at 44.75 pesos for sale.
The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 44 pesos, while the maximum price was 44,020 pesos, and the minimum was 43,900 pesos. A total of 51 transactions were carried out, with a transaction amount of more than 26.8 million dollars.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 47.4 pesos for online purchases with a bank account or card, and from 46.06 pesos to 48.29 pesos in the Binance peer-to-peer (P2P) market.
The strength of the dollar globally
The swings of dollar in the local exchange market contrast with international data, which closed its sixth consecutive week of gains, reaching its longest streak since 11 consecutive weeks in 2023.
The prospects that the Fed will moderate its lower rate policy and support from high bond yields and the figures of employment in USAare two relevant factors that explain the momentum of the North American currency against other relevant currencies.
The projections of the Federal Reserve and part of the market arise from the policies that Trump is expected to apply after his inauguration on January 20, with the promise of duty, a strong dollar and initiatives that could once again boost the inflation.
The dollar during the last days
- January 2 — 43,900
- January 3 — 43,970
- January 7 — 43,644
- January 8 — 43,934
- January 9 — 43,683
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
