During the week, the greenback weakened 1% against the Uruguayan peso, about 50 hundredths. Meanwhile, in February, the dollar fell 3.7%, since next Monday there will be no exchange operations due to the carnival holiday. In the annual accumulated, the US currency fell 4.8% against the Uruguayan peso.
On the blackboard the public of BROU, the dollar closed this Friday at $41.25 for purchase and $43.85 for sale, about 45 hundredths below Thursday.
In Brazil, the reference market for Uruguay, the dollar advanced 0.5% against the real this Friday and traded 5.15 units, to close the week practically unchanged. In Argentina, the blue dollar rose 0.2% this Friday, to 211 Argentine pesos per dollar, while the official one remained unchanged, at 112 pesos.
Meanwhile, in Chile, the dollar closed this Friday with a drop of almost 17 pesos, the deepest in three months, after having registered a historic advance of almost 30 Chilean pesos on Thursday amid global panic over Russia’s invasion of Ukraine. This Friday and with the markets somewhat calmer and evaluating the impact of the international sanctions against Russia, the dollar opened lower and deepened its decline, finally ending at 803.16, with a decrease of 16.94 compared to the close of the Thursday, according to Bloomberg data.
In this way, the US currency is on track to close with its biggest daily drop since Monday, November 22, 2021. That was the day after the first presidential round that gave the candidate José Antonio Kast the winner, who was defeated in the second round. by Gabriel Boric. For its part, the dollar index – which is measured with a basket of relevant currencies – fell 0.5% this Friday, to 96.6 units.
Meanwhile, the New York Stock Exchange advanced strongly on Friday afternoon, as the uncertainty of the conflict in Ukraine caused traders to back down on bets that the Federal Reserve will raise interest rates aggressively next month. Two hours after closing, the Dow Jones Industrial rises 2.59%, the S&P 500 rises 1.97% and the Nasdaq advances 1.31%. Meanwhile, on the Santiago Stock Exchange, the S&P IPSA closed with an increase of 1.49%.
With Diario Financiero-RIPE
