MIAMI.- This Monday, July 15ththe week started with a drop of 5,33% on the black market of Argentinaafter several days of growth, and a decline of 4,54% in the of Cuba. Meanwhile, the dollar experiences a slight increase in Europawhile remaining still in United Kingdom and Japan.
In it old continentthe American currency had an increase of 0,93%after seven stable closings, by placing itself in 1,09 eurosThe European currency is one of the strongest in the foreign exchange market, where it remains a safe haven for investors.
In United Kingdomthe currency maintains the same rate as the previous day 1,29 pounds sterling. The English currency continues in “his kingdom”, occupying a preferential place in the foreign exchange market, after leaving the euro zone in January 2020.
In the Japanese square, The dollar did not show variations due to the national holiday, so it remains at 158.20 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 0,89%when going down to 17,65 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 market in Argentinaestablished by the Central Bank, rose this Monday 0,32% to get to 959.99 Argentine pesos. 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 market it collapsed after the significant advance it registered last week. This day it lost 5,33% of its value to be located in 1.420 Argentine pesos.
In Havanathe currency remains attached to the 24 Cuban pesos since March 2005 at the official rate, set by the Central Bank of Cuba. While, in the so-called parallel or black market, it had a devaluation of 4,54% to locate oneself 315 Cuban pesos.
Rate in Venezuela
In Venezuelathe dollar appreciates in 36.52 bolivars in the official exchange rate, established by the Central Bank of Venezuela. While in the parallel structure, it fell 0,49% to start the week in 40,68 bolivars.
In Colombiathe American currency suffered a slight slip, going from 3,968.87 to 3,944.97 Colombian pesosat the rate set by the Bank of the Republic. In the coffee nation, the annual inflation to June was 7,18%0.02% more than the previous month, 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