Price of the dollar today, May 21

MIAMI.- He dollar closed the week this May 24 in stillness in Europe and United Kingdomwhile it presented a small increase in Japan. Meanwhile, exchange rate instability persists in the countries of the region, with a considerable setback in the parallel structure of Argentinawhere the previous day had reached 1,300 Argentine pesos.

In it old continentthe American currency is quoted in 1,08 euros for the eighth 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 remains at £1.27 for the fourth consecutive closure. 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 a subtle increase, going from 156.80 to 157.07 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 falls in Argentina

In Mexicothe American currency had a growth of 0,31% to value yourself in 16,69 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, fell 0.03% to settle at 929.26 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 has an advantage of 36%. In this square, he retreated 2.69%, after having reached 1,300 pesos, to return to the 1,265 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 1,38%, for the third consecutive day, to close the week in 355 Cuban pesos.

Price of the dollar in Venezuela

In Venezuelathe official price, established by the Central Bank, fell to 36.52 bolivars, 0.02 cents less compared to the previous day. While in the parallel currency, it closes the day lower, with a slide of 0,37% to value yourself in 40.59 bolivars.

In Colombiathe dollar registered a subtle growth, going from 3,829.59 to 3,837.58 Colombian pesos at the rate set 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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