NewzOn October 1, the United States dollar experienced a broad appreciation against several Latin American currencies. In the Dominican Republic, the dollar closed at an average of 59.5 pesos, marking a 3.19% increase from the previous day. Similar upward trends were observed in Uruguay, where the dollar rose 3.66% to 40.29 pesos, and in Chile, where it reached 985.52 pesos, a 1.34% increase. Brazil also saw the dollar climb 1.07% to 5.23 reais.
These movements reflect a consistent trend of dollar strengthening across the region during the first day of October. Data provided by Dow Jones indicates that these currencies have faced varying degrees of pressure over the past week, with the dollar consistently recording gains against the local tenders in these markets.
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