The greenback remains in the middle zone of the $42 range, at the end of a downward week.
He dollar was stable on the day before the 2024 ballot, with a slight decrease of 0.02% compared to Thursday, which led it to close the week at 42,600 pesos, according to data from the Central Bank of Uruguay (BCU), remaining in the middle zone of the 42 peso range.
In this way, at a time when the US currency is strengthening internationally, it fell 0.73% in the exchange market local. However, the greenback remains in positive territory on a monthly basis, with an increase of 2.02%, which stretches to 9.17% in comparison with the end of 2023.
On the reference board of the Republic Bank (BROU), he dollar Retail ticket was offered at 41.30 pesos for purchase and 43.90 pesos for sale. For its part, the preferential value of eBROU dollar It was at 41.80 pesos for purchase and at 43.40 pesos for sale.
The crypto Tether (USDT), 1 to 1 parity with the dollarwas quoted today at an average of 46.28 pesos for online purchases with a bank account or card, and from 44.17 pesos to 47.35 pesos in the Binance peer-to-peer (P2P) market.
The closing price in the Uruguayan Electronic Stock Exchange (Bevsa) was 42,590 pesos, while the maximum price was 42,650 pesos, and the minimum was 42,560 pesos. A total of 72 transactions were carried out, with a transaction amount of almost 38.3 million dollars.
Meanwhile, the dollar prex It closed at 42.39 pesos for purchase, and at 42.81 pesos for sale.
The dollar remains above the value expected by the market
Despite the bearish streak of recent days, the dollar is trading above the value expected by the market. The thing is that the analysts consulted by the BCU in the Economic Expectations Survey (EEA) anticipated a exchange rate at 42.30 by the end of the month.
Even by the end of the year they expect the greenback to approach 42.90 pesos, in line with its maximum of the year and without breaking 43 pesos, a mark it has not reached in a long time. On Sunday the new president will be defined and it will be necessary to see whether, once the result is known, the market validates or not the specialists’ projections.
The dollar in the previous days
- November 15 — 42,913
- November 18 — 42,725
- November 19 — 42,602
- November 20 — 42,509
- November 21 — 42,609
Source: Ambito
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