The dollar suffered sharp falls on Thursday, three consecutive, with the first rise in interbank trading. The situation is no different from the major currencies of international reference, which move from day to day according to the sign of economic developments.
The market is volatile, irritable, sensitive. The contributions go up and down half a percentage point per day according to the mood of investors who react heightened against the political and macroeconomic developments.
The dollar closed Thursday at $ 19.788 on the local market, 0.3% above Wednesday's record. On the public board of Banco Republica, the main currency was traded during the day unchanged at $ 19.45 for buying and selling for $ 20.05.
Internationally the euro gave ground against the greenback, closing at US$ 1.3605. The lack of details on the announced aid to Greece by the European Union, coupled with a greater recovery than expected in U.S. job market explains the drop of the euro. The fate of the negotiations on the old continent set the tone of the exchange market during the coming days.
(www.observa.com.uy, 12 February 2010)
| Dollar | 20.70 | 21.20 |
|
| Peso | 4.80 |
5.80 |
|
| Real | 10.50 |
12.00 |
|
| Euro | 26.10 | 28.10 |