MIAMI.- The exchange market did not experience changes this Wednesday, May 1 in Europe and the United Kingdomwhile gaining ground in Japan. Meanwhile, in the different Latin American squares, the dollar registers small variations, while it continues to be revalued in the parallel structures of Cuba and Venezuela.
In it old continent, the dollar remains in 1,07 euros per dollar, for the fifth consecutive day. The European currency is one of the strongest in the Forex market, where it is preserved as a refuge for investors.
In the british duedothe currency maintains the same price as the previous day of £1.25. English currency continues “in his kingdom”, occupying a preferential place in the exchange market, where it was not affected as expected after the departure of the United Kingdom from the euro zone in January 2020.
In Japan, the American currency continues to gain ground. This Wednesday, it had a small increase, going from 156.82 to 157.83 yen. The Japanese currency, along with the dollar, the euro and the pound sterling, is one of the most robust in the foreign exchange market, despite having lost value against the American currency at the beginning of the year.
Price of the dollar in Argentina
In Mexicothe exchange market did not present changes this May 1, so it maintains the previous price of 17,02 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 exchange rate, set by the Central Bank, experienced an increase of 0,54% to locate in 920.57 Argentine pesos. The official price 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, now has an advantage of 13%. In this exchange market, it registers the same rate as the previous day of 1,040 Argentine pesos.
In Havanathe currency remains anchored 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 15 times greater, it experienced a growth of 1,24% and is valued in 380 Cuban pesos.
Quote in Venezuela
In Venezuelathe official market, set by the Central Bank, rose 0,14% and settled in 36.47 bolivars. While in the parallel currency, it increased 0,34% to rate at 39.34 bolivars.
In Colombiathe dollar showed a slight increase, going from 3,873.44 3,899.07 Colombian pesos at the rate set by the Bank of the Republic. In the coffee-growing nation, annual inflation as of March was 7,26%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
