The dollar rose this Thursday for the eighth consecutive day in Uruguay and was left on the verge of $42 in the interbank, in a day of strengthening the currency at a regional and global level.
The greenback increased 2.14% on the day and reached a value of $41,951 in the interbank average, according to data from the Electronic Stock Exchange (Bevsa). The last operation of the day was agreed at $41.9 with a rise of 1.58%.
On the day there were operations for a total of US $ 29 million, according to data from the Central Bank (BCU).
For its part, on the Bank’s board (Brou), the dollar was offered at $40.7 for purchase and $43.10 for sale with a rise of 65 hundredths compared to Wednesday. On the board of the changes it was sold in the range of $ 43.3.
At regional level, in Brazilthe dollar was trading 0.74% higher at 5.432 reais per unit.
For its part, the dollar index which measures the value of the US dollar against a basket of foreign currencies rose 0.70% to 108.5 units.
The euro, the largest weighted currency in the dollar index, resurfaced from depths that took it below parity with the dollar for the first time in 20 years, only to fall again. It was trading down 0.04% at $1,001.
“The dollar skyrockets as markets bet on higher Federal Reserve (US) rate hikes,” says Fiona Cincotta, an analyst at City Index. The Fed seeks to contain inflation in the United States, which reached 9.1% in June in one year, a record since November 1981.
Argentina
And in Argentina, the blue dollar was trading at 285 Argentine pesos for the purchase and 290 pesos for the sale. The informal price registered another rebound amid the tensions that remain in the local market.
With information from Diario Financiero and AFP
