MIAMI.- He dollar closed another week without changes in the markets European and Britishwhile it presented a subtle decline in Japan. However, this Friday May 31 exchange instability persists in the different Latin American markets, especially in the parallel structures of Argentina, Cuba and Venezuela.
For the thirteenth consecutive closing, the American currency remains at 1,08 euros in Europa. The currency of the old continent is one of the most solid in the currency market, where it is preserved as a refuge for investors.
In United Kingdomthe currency is quoted in £1.27 for the ninth consecutive day. The British currency continues “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 suffered a very slight decline, going from 156.71 to 156.65 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 of the dollar in Cuba
In Mexicothe American currency fell 0,10%when closing in 16,93 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 rate, established by the Central Bank, presented a subtle increase, reaching 934.62 Argentine pesos. The official market 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 30%. In this arena, he declined 0,40% and closes the week in 1,215 Argentine pesos.
In Havanathe currency remains anchored to the 24 Cuban pesos since March 2005 in the official price, set by the Central Bank of Cuba. In the so-called parallel or black market, whose value is 13 times greater, it fell 1,66%when going down to 295 Cuban pesos.
Quote in Venezuela
In Venezuelathe official market, established by the Central Bank, rose to 36.53 bolivars, after four stable days. While in the parallel currency, it slipped 0,82%when returning to the 40.18 bolivars.
In Colombiathe dollar experienced a slight increase, going from 3,867.02 to 3,874.32 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
