Dollar went down again and left the $39 floor

Dollar went down again and left the $39 floor

The Dólar continues without recovering and this Tuesday he listed for under $39.

The coin closed at $38,945 on the interbank average with a daily decrease of 0.75%. At the beginning of the month she had already crossed the $39 line; It was March 1 when the exchange day ended at $38,897. With the loss of this Tuesday he accumulated three in fall.

The operation this Tuesday was for US$ 20.3 million, with a minimum price of $38.85 and a maximum of $39.05, as reported by the Electronic Stock Market (Bevsa).

The day passed without interventions from the central bank (BCU) in the exchange market. The last time the monetary authority carried out an operation was August 31, 2021.

With this Tuesday’s price, the dollar has depreciated 2.8% so far this year, equivalent to $1.13.

on the blackboard of Republic Bank (BROU), the US currency operated at $37.75 for purchase and $40.15 for sale.

dollar in the region

The dollar in Uruguay moved in the opposite way to its two regional neighbors.

In ArgentinaIn the official market, the currency was quoted at A$ 203.75 for purchase and A$ 211.75 for sale on the board of Banco Nación with an increase of 0.36%. In the informal market, the Dolar blue it ended the round at A$390 to buy and to A$394 to sell, up 2%.

In Brazilthe currency operated at 5.2423 real with a positive performance of 0.10%.

Key day in the markets

The New York Stock Exchange closed higher this Tuesday, on the eve of the decision of the Federal Reserve US (Fed) on its interest ratesas the banking turmoil abated and gave way to a rebound in the values ​​of regional banks.


Wall Street

At the closing bell, the industrial index Dow Jones won 0.98%, the technological nasdaq rose 1.58% and the S&P 500 advanced 1.30%,
Fed members kicked off two days of crucial interest rate talks on Tuesday, aiming to find a light between stubborn inflation and a turbulent financial market.

Most analysts and market traders believe the Fed will raise its benchmark interest rate by a quarter of a percentage point on Wednesday afternoon, in what would be its ninth consecutive hike.

On the contrary, a minority predicts that the central bank will stop its hike cycle amid concerns about the banking sector, following the recent collapse of Silicon Valley Bank (SVB) as an example. A 0.25% hike by the Fed would replicate the increase that emerged from its previous meeting.

With information from AFP

Source link

Previous Story

A thousand UASD student tablets are delivered

Next Story

Chiperas harmed by the bike path: drivers can no longer lie down

Latest from Uruguay