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November 20, 2022
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The dollar closed the week low and lost 2% so far in November

After a sharp fall, the dollar returned to the $39 range in the wholesale

The dollar could not sustain the $40 in the wholesale market that it had reached this Thursday after appreciating 0.9% against the Uruguayan peso and closed the week down. This Friday, the interbank average was located at $39.80 (-0.8%) and practically erased the gain of the previous day, while the last operation through Bevsa was agreed at $39.75 (-0.65 %).

During the week, the exchange rate fell 0.4%, 2% so far in November and 10.9% in the annual accumulated. The BROU public slate was at $38.50 for purchase and $41 for sale this Friday, 25 hundredths below Thursday.

In the brazilian exchange market, The dollar advanced 0.9% in the week and closed this Friday at 5.37 units.

This week, the Central Bank of Uruguay (BCU) raised lat the monetary policy interest rate (TPM) again at 50 basis points (0.5%), up to 11.25%seeking to anchor the inflation expectations of economic agents, after a new meeting of the Monetary Policy Committee (Copom).

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