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February 8, 2022
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The dollar continues to fall in Uruguay and moves away from $ 44 in the wholesaler

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The dollar kept its bearish streak at the beginning of the week In uruguay, after losing almost 50 cents in the first weekly close of February and to also weaken in January. This Monday the greenback was traded at the wholesale average at $43.64 (-0.22% compared to Friday), while the last operation was agreed at $43.60, according to Bevsa. In total, US$ 6.6 million were traded, a limited volume as has been the trend in recent days.

In the board the public of the BROU, the US currency moves away from $ 45 at the selling point and remained at $42.40 for the purchase and $44.80 for the sale. So far this year, the dollar has weakened 2.4% against the Uruguayan peso ($1.1).

Meanwhile, Uruguay’s country risk closed this Monday at 114 basis points, an increase of 3.6% compared to Friday (110 points), according to República AFAP.

The note this day was given by the brazilian market, regional reference for Uruguay. in that square, the dollar was trading at 5.25 units per reais, a value 1.3% below Friday. At the beginning of January, the dollar was trading in Brazil at 5.64 reais.

Meanwhile, in Argentina the blue dollar remained stable at 214 Argentine pesos per dollar and the official rose slightly (0.2%), to 111 units. Meanwhile, the leading indicator Merval of the Buenos Aires Stock Exchange rose 1.42% this Monday and closed at 89,189.09 points.

For their part, the main European stock markets closed with gains this Monday, except for the markets of Madrid and Milan, while Wall Street opened with cautious, influenced by the evolution of monetary policy and the Russo-Western crisis around Ukraine.

with AFP



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