Price of the dollar today, February 20

MIAMI.- The price of dollar lowered this Thursday June 20 in the parallel markets of Argentina and Venezuela, while maintaining its stability in Europe and the United Kingdomand suffers a slight increase in Japanwhere it exceeds 158 yen.

In it european marketthe dollar is quoted in 1,07 euros, for the fourth consecutive closing. The currency of the old continent is one of the strongest in the Forex market, where it continues as a refuge for investors.

In United Kingdomthe American currency remains at 1,26 sterling, for the fourth consecutive day. The British currency continues “reigning”, by occupying a preferential place in the currency market, after leaving the euro zone in January 2020.

In the japanese squarethe currency crossed the floor of the 157 unitsin which it moved in the last quotes, when going from 157.84 to 158.03 yen. This Asian currency, along with the dollar, the euro and the pound sterling, is one of the strongest in the exchange market, despite the fact that this year it has lost value against the American currency.

Price of the dollar falls in Argentina

In Mexicothe dollar showed a very slight increase, reaching 18,42 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.

The official quote in Argentinaset by the Central Bank, had an increase of 0,03% to value yourself in 944.93 Argentine pesos. The official 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 last administration set the tone in the economy, it has an advantage of 38%. In this arena, he declined 0,38%when going back to 1300 Argentine pesosafter a day without changes.

In Havanathe American currency remains anchored to the 24 Cuban pesos since March 2005 in the official exchange rate, established by the Central Bank of Cuba. While, in the so-called parallel or black market, whose value is almost 15 times greater, it maintains the same price as the previous day of 360 pesos Cubans.

Quote in Venezuela and Colombia

In Venezuelathe currency drops to 36.38 bolivars in the official market, set by the Central Bank. Meanwhile, in the parallel structure, it suffered a landslide 0,55% to value yourself in 41.19 bolivars.

In Colombiathe exchange market did not experience any alterations this Thursday, so it remains in 4,101.87 Colombian pesos at the rate established by the Bank of the Republic. In the coffee-growing nation, annual inflation as of 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 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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