MIAMI.- This Tuesday, July 16ththe blue currency of Argentina The dollar fell back below 1,400 pesos, after an intervention by the Central Bank of the South American country, which is keeping an eye on this exchange rate that marks the real economy in that country. Meanwhile, the Cuban black market benchmark also fell back. Meanwhile, the Dollar remains relatively calm in Europe, United Kingdom and Japan.
In it old continentthe American currency had a slight decline from 1.09 euros to 1.08 euros. The European currency is one of the strongest in the foreign exchange market, where it remains a safe haven for investors.
In United Kingdomthe currency maintains the same rate as the previous day 1,29 pounds sterling. The English exchange market continues in “his kingdom”, occupying a preferential place in the forex market, after leaving the euro zone in January 2020.
In the ring Japanese, The dollar had a slight advance of 0.1% at the close in 158.38 yen. This currency, along with the dollar, the euro and the pound sterling, is one of the strongest in the foreign exchange market, despite the fact that this year it has lost value against the American currency.
The dollar falls in Argentina
In Mexicothe American currency advanced 0,73%being located in 17,78 Mexican pesos in the Official Gazette of the Federation (DOF). In the Aztec nation, the Central Bank establishes the guidelines in the foreign exchange market and this changes during the day in the purchase and sale of the banks and serves as the exchange reference for the following day.
The official market in Argentinaestablished by the Central Bank, fell this Tuesday 0,19% to get to 959.10 Argentine pesos. The official exchange rate reduced the gap of more than 100% that it maintained with the parallel structure, after the drastic increase implemented by President Javier Milei in order to stabilize the economy. The parallel structure of the so-called Blue dollar that sets the tone in the real economy, now has a 30% advantage%, a significant drop due to the monetary intervention of the issuing body in recent days. On Tuesday, the blue dollar broke through the 1,400 pesos mark to close at 1,395 pesos.
In Havanathe currency remains attached to the 24 Cuban pesos since March 2005 at the official rate, set by the Central Bank of Cuba. Meanwhile, the so-called parallel or black market registered a decline from 315 to 310 pesos. Analysts predicted that it would soon return to the 400 pesos mark.
Rate in Venezuela
In Venezuelathe dollar appreciates in 36.50 bolivars in the official exchange rate, established by the Central Bank of Venezuela. While in the parallel structure, it rose from 40,68 at 40.80 bolivars, a gap of 10.53% with respect to the BCV reference.
In Colombiathe American currency suffered a slight slip, going from 3,944.97 Colombian pesos to 3,948.41 pesosat the rate set by the Bank of the Republic. In the coffee nation, the annual inflation to June was 7,18%,, according to figures from the National Administrative Department of Statistics (DANE).
Source: With information from the Central Bank of the different countries and the parallel structures