Price of the dollar today, February 20

MIAMI.- He dollar ends the week without alterations in Europa nor in United Kingdom this Friday June 7, while it suffers a small setback in Japan. Meanwhile, in the different Latin American arenas, exchange rate instability persists, with an upward trend in Havanawhere he arrived at 350 Cuban pesos.

For the eighteenth consecutive day, the price remains at 1,08 euros per dollar in the old continent. The European currency is one of the most robust in the Forex market, where it remains a refuge for investors.

In United Kingdomthe currency remains in £1.27 for the thirteenth consecutive closure. The British currency continues “in his kingdom”, occupying a preferential place in the exchange market, after leaving the euro zone in January 2020.

In Japanthe dollar experienced a small devaluation, going from 155.90 to 155.70 yen. The Asian currency, along with the dollar, the euro and the pound sterling, is one of the strongest in the foreign exchange market, despite having lost value against the American currency in the first five months of the year.

Dollar in Cuba continues to rise

In Mexicothe American currency presented a very slight decrease, to close the week in 17,53 Mexican pesos in the Official Gazette of the Federation (DOF). In the Aztec nation, the Central Bank establishes the price guideline and this moves during the day in the buying and selling of the banks and serves as the exchange reference for the following day.

In Argentinathe official market, set by the Central Bank, slipped 0,5% when going back to 936.71 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. In the parallel currency of the so-called Blue dollar, which during the last administration set the tone in the economy, it has an advantage of 33%. In this exchange arena, it advanced 0,80% to get to 1,260 Argentine pesos.

In Havanathe price of the currency remains clinging to the 24 Cuban pesos since March 2005 in the official price, established by the Central Bank of Cuba. In the so-called parallel or black market, whose value is almost 14 times greater, there was a considerable increase in 9,38%when returning to the 350 Cuban pesos.

Quote in Colombia and Venezuela

In Venezuelathe official rate, set by the Central Bank, closes lower this Friday, settling at 36.48 bolivars. While in the parallel currency, it fell 1,06% when appraised at 39.79 bolivars.

In Colombiathe dollar experienced a slight increase, going from 3,927.91 to 3,938.53 Colombian pesos at the rate established by the Bank of the Republic. In the coffee-growing nation, annual inflation as of April was 7,16%according to figures from the National Administrative Department of Statistics (DANE).

Source: With information from the Central Bank of the different countries and parallel structures

Tarun Kumar

I'm Tarun Kumar, and I'm passionate about writing engaging content for businesses. I specialize in topics like news, showbiz, technology, travel, food and more.

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