The dollar has shown a notable upward trend in the local market, reaching its highest value in 31 months. This increase occurs in accordance with the global movements after the elections in USAwhich led to the victory of donald trump. Last Monday, the US currency was trading at an average of $42,319, representing an increase of 0.41%. This is the highest value since March 22, 2022, when an average of $42,322 was reported.
During the month of November, the dollar has risen 1,609% and presents an increase of 8,449% so far in 2024. This increase has generated concern among economic analysts, who are closely observing how the currency behaves in relation to the rest of the region’s currencies and the effects it could have on the local economy.
In the recent day, the US currency fluctuated between $42,200 and $42,400, closing at $42,310, which represents a variation of 0.26% compared to the previous Friday’s close. The transactions in the Electronic Stock Exchange (Bevsa) They have been active, with 34 operations that totaled around 17 million dollars.
Quotes from Banco República (BROU)
The quotes of the dollar and other currencies in the Republic Bank (BROU) are the following:
- Dollar:
- Purchase: 41.10000
- Sale: 43.50000
- Arbitrage Buy: 1.00000
- Arbitration Sale: 1.00000
- eBROU dollar:
- Purchase: 41.60000
- Sale: 43,00000
- Arbitrage Buy: 1.00000
- Arbitration Sale: 1.00000
- Euro:
- Purchase: 42.73000
- Sale: 47.66000
- Buy Arbitrage: 1.03960
- Arbitrage Sale: 1.09570
- Argentine Peso:
- Purchase: 0.02400
- Sale: 0.20000
- Arbitration Purchase: 1,812.50000
- Arbitration Sale: 205.50000
- Real:
- Purchase: 6.95000
- Sale: 8.65000
- Buy Arbitrage: 6.25900
- Arbitrage Sale: 4.75140
- Pound sterling:
- Purchase: 51.62000
- Sale: 58.12000
- Arbitrage Buy: 1.25610
- Arbitrage Sale: 1.33610
- Swiss Franc:
- Purchase: 45.84000
- Sale: 50.31000
- Buy Arbitrage: 0.89660
- Arbitrage Sale: 0.86460
- Guarani:
- Buy: 0.00516
- Sale: 0.00569
- Purchase Arbitration: 7,966.05000
- Arbitration Sale: 7,645.25000
- Indexed Unit:
- Troy Ounce of Gold:
- Purchase: 107,303.88000
- Sale: 116,840.13000
- Arbitration Purchase: 2,610.80000
- Arbitration Sale: 2,685.98000
Behavior of the dollar in the region
In the changing market of South Americathe behavior of the dollar is of particular relevance. For example, in Brazil, the US currency increased by 0.58% to be quoted at 5.7980 reais. So far this month, the currency in Brazil has seen an increase of 0.35%, while over the year it has risen 19.76%.
Comparatively, in Argentinathe official dollar rose 0.05%, reaching 997.75 Argentine pesos, with an increase of 0.71% in November and an annual total of 23.42%. The Blue dollar closed at 1,135 Argentine pesos.
In the European context, the euro has shown weakness, retreating below $1.07, a drop from April levels.
