The dollar falls in Uruguay and the claims of agricultural producers grow

게시됨 2024년 3월 27일

Tridge 요약

In Uruguay, the value of the US dollar has fallen to a new eight-month low, now trading at 37.50 Uruguayan pesos, causing concern within the agricultural sector. The Rural Federation of Uruguay has criticized this 'exchange rate delay,' arguing that for the dollar to align with pre-pandemic levels, adjusted for inflation, it should be valued at 58 Uruguayan pesos. This sector, already suffering from the country's worst drought in 70 years—a disaster costing 3% of the GDP—is now facing increased operational costs and a loss in competitiveness, particularly in the beef market with China. Additionally, the agricultural sector's debt has increased by 48% from January 2022 to January 2024. Despite these challenges, the president of the Central Bank of Uruguay, Diego Labat, insists that the country's floating exchange rate system is functioning as intended, allowing the market to set the dollar's value and dismissing the notion of an 'exchange rate delay.'
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

(From Montevideo, Uruguay) - The price of the dollar in Uruguay fell again this Tuesday and was traded on average in the wholesale market at 37.50 Uruguayan pesos, according to data from the Electronic Stock Exchange (Bevsa). It was its second consecutive fall, which confirms the downward trend of recent weeks. These values generate concern in the agricultural sector, which has long criticized the exchange rate delay. The price of the US currency, the lowest in eight months, generated the reaction of the Rural Federation of Uruguay. In a thread spread on social network X, the union criticized the “eternal return of the exchange rate delay.” The ruralistas shared a graph that shows the evolution of the US currency against the dollar, which shows that during the pandemic the currency was trading at more than 43 Uruguayan pesos and then, with the beginning of the contractionary phase of the Central Bank of Uruguay (BCU), the trend was downward. The Rural Federation – together with ...
출처: Infobae

더 깊이 있는 인사이트가 필요하신가요?

귀사의 비즈니스에 맞춤화된 상세한 시장 분석 정보를 받아보세요.
'쿠키 허용'을 클릭하면 통계 및 개인 선호도 산출을 위한 쿠키 제공에 동의하게 됩니다. 개인정보 보호정책에서 쿠키에 대한 자세한 내용을 확인할 수 있습니다.
'쿠키 허용'을 클릭하면 통계 및 개인 선호도 산출을 위한 쿠키 제공에 동의하게 됩니다. 개인정보 보호정책에서 쿠키에 대한 자세한 내용을 확인할 수 있습니다.