Price of the dollar today, May 8

MIAMI.- This Thursday May 9he dollar continues without changes in Europawhile it suffers slight alterations in United Kingdom y Japan. Meanwhile, in the different countries of the region, the exchange markets maintain their instability, with an upward trend in the parallel structures of Cuba and Venezuelawhere the currency continues to gain ground.

In Europathe currency is quoted in 1,07 euros for the sixth consecutive closure. The currency of the old continent is one of the most solid in the Forex market, where it is preserved as a refuge for investors.

In it british marketthe American currency had a decline of 0,80% to return to £1.24. The English currency remains “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.

The dollar advances in the japanese rollwhere it experienced a subtle increase, going from 154.88 to 155.55 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 rises in Cuba

In Mexicothe currency did not suffer variations and remains at 16,90 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 price, established by the Central Bank, had a slight growth of 0,07% to reach the 923.05 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, now has an advantage of 13%. In this exchange market, it is quoted in 1,045 Argentine pesos.

In Havanathe American currency continues 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 16 times greater, it continues to gain ground. This Thursday it rose 0,77% to value yourself in 395 Cuban pesos.

Quote in Colombia and Venezuela

In Venezuelathe official exchange rate, established by the Central Bank, is located at 36.58 bolivars. While in the parallel currency, it increased 0,40%when valued at 39.58 bolivars.

In Colombiathe dollar experienced a subtle growth, after several days of decline, going from 3,884.84 to 3,902.63 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

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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