MIAMI.- This Wednesday, July 3rdhe dollar keep it up 0,94% on the black market in Argentina, while it shows a decline in 1,39% in the of Argentina and remains in 350 Cuban pesos in the of Havana. However, in Japan suffers a slight slip and remains stable in Europe and the United Kingdom.
In Europathe American currency remains in 1,07 eurosfor the fourth consecutive close. The old continent’s currency is one of the most robust within the Forex market, where it remains a refuge for investors.
In United Kingdomthe currency is located at 1,26 pounds sterlingfor the ninth consecutive day. The English currency remains in “his kingdom”, occupying a preferential place in the foreign exchange market, after leaving the euro zone in January 2020.
The dollar experiences a subtle retreat in the Japanese marketpassing from 161.64 to 161.53 yen. This Asian currency, along with the dollar, the euro and the pound, is one of the strongest on the foreign exchange market, despite the fact that this year it has lost value against the American currency.
The dollar falls in Argentina
In Mexicothe American currency fell 0,76% to return the 18,24 Mexican pesos in the Official Gazette of the Federation (DOF). In the Aztec nation, the Central Bank establishes the guidelines in the foreign exchange market and this changes during the day in the purchase and sale of the banks and serves as the exchange reference for the following day.
The official rate in Argentinaestablished by the Central Bank, remains in 953.98 Argentine pesosjust like the previous day. The official exchange rate 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 structure of the so-called Blue dollar, which during the past administration set the pace in the economy, it has an advantage of 48%. In this exchange rate arena, the currency fell 1,39% to go down to 1.410 Argentine pesos.
In Havanathe dollar remains anchored to the 24 Cuban pesos since March 2005 in the official market, set by the Central Bank of Cuba. While in the so-called parallel or black market, whose value is almost 15 times higher, it is quoted at 350 pesos Cubans, just like the previous closure.
Quote in Venezuela
In Venezuelathe American currency reached 36.46 bolivars in the official quotation, established by the Central Bank of Venezuela. While in the parallel structure, it experienced a growth of 0,94% to reach the 40.88 bolivars.
In Colombiathe currency had a subtle decline, going from 4,148.04 to 4,130.03 Colombian pesosat the rate set by the Bank of the Republic. In the coffee nation, the annual inflation to May 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 the parallel structures
