Price of the dollar today, February 20

MIAMI.- The dollar continues to rise in the parallel structure of Venezuelathis Thursday, July 11where he went up 0,71%While in the Mexican market stepped back 0,66%. Meanwhile, it continues without presenting alterations in the old continentwhile recording small changes in United Kingdom and Japan.

In Europathe currency remains at 1,08 euros for the sixth consecutive day. The European currency is one of the strongest in the foreign exchange market, where it remains a safe haven for investors.

In United Kingdomthe dollar advanced 0,80%after five stable closings, to reach 1,28 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 it Japanese market, The American currency grew 0,05% to settle in 161.60 yen. The Japanese currency, along with the dollar, the euro and the pound, is one of the strongest currencies on the foreign exchange market, even though it has lost value against the American currency this year.

The dollar rises in Argentina

In Mexicothe currency fell 0,66%to cling to the 17 units to which it returned the previous day. This Thursday it is valued at 17,82 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, is located in 957.91 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 52%. In this square, it reaches the 1.460 Argentine pesos.

In Havanathe dollar remains anchored to the 24 Cuban pesos since March 2005 in the official quotation, set by the Central Bank of Cuba. While, in the so-called parallel or black market, it is located in 335 Cuban pesos.

Exchange rate in Venezuela

In Venezuelathe American currency reaches 36.51 bolivars in the official market, established by the Central Bank of Venezuela. While in the parallel structure, where it resumed the upward trend two days ago, it grew 0,71% to value itself in 40.92 bolivars.

In Colombiathe currency had a slight devaluation this Thursday, going from 4,022.05 to 3,979.91 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

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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