MIAMI.- The exchange market experienced this Tuesday May 21th small alterations in United Kingdom and Japanwhile stability remains in Europa. Meanwhile, the dollar registers changes in the different Latin American markets, with considerable increases in the parallel structures of Argentina and Venezuelawhere he surpassed the 1,200 Argentine pesos and 40 bolivarsrespectively.
In it old continentthe American currency is quoted in 1,08 euros for the fifth consecutive day. The European currency is one of the strongest in the foreign exchange market, where it is preserved as a refuge for investors.
In it british arenathe currency rose 0.85% to reach £1.27, after three stable closures. The English currency remains “in his kingdom”, occupying a preferential place in the Forex market, where it was not affected as expected after the departure of the United Kingdom from the euro zone in January 2020.
In Japanthe dollar experienced slight growth, going from 155.85 156.45 yen. The Japanese currency, along with the dollar, the euro and the pound sterling, is one of the most robust in the exchange market, despite having lost value against the American currency at the beginning of the year.
Price on the rise in Argentina
In Mexicothe American currency had an exchange rate slide of 0,29%when listed in 16,57 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, established by the Central Bank, showed a very slight decline for the third consecutive day and was located at 927.13 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, it expanded its advantage by 30%. In this square, he grew 7,56% compared to the previous day, to achieve the 1,210 Argentine pesos.
In Havanathe currency remains anchored to the 24 Cuban pesos since March 2005 in the official market, set by the Central Bank of Cuba. In the so-called parallel or black market, whose value is 15 times greater, the price fell 1,33% when going down to 370 Cuban pesos.
Price of the dollar in Venezuela
In Venezuelathe official price, established by the Central Bank, will be located at 36.57 bolivars, just like the previous day. While in the parallel currency, it increased 0,56% to reach the 40.03 bolivars.
In Colombiathe dollar suffered a slight devaluation, going from 3,832.26 to 3,822.39 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
