Price of the dollar today, May 28

MIAMI.- He dollar The week starts this July, 01 with an increase of 2,21% in the parallel structure of Argentinawhile he suffered casualties in the Cuba y Venezuela. Meanwhile, it presents slight variations in Japan, and remains unchanged in Europe and the United Kingdom.

In it old continentthe quote is located at 1,07 eurosjust like the previous day. The old continent’s currency is one of the most robust in the Forex market, where it remains a refuge for investors.

In it british marketthe American currency remains at 1,26 sterling, for the seventh consecutive closure. The English currency continues in “his kingdom”, occupying a preferential place in the foreign exchange market, after leaving the euro zone in January 2020.

The currency continues to advance in the japanese rollpassing from 160.95 to 161.17 yen. This Asian currency, along with the dollar, the euro and the pound, is one of the strongest on the exchange market, despite the fact that this year it has lost value against the American currency.

Price increases in Argentina

In Mexicothe dollar fell 0,70% this Monday to value yourself in 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, had an increase of 0,18% to achieve what 950.42 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 last administration set the tone in the economy, it has an advantage of 46%. In this place, he experienced a growth of 2,21% to reach the 1.390 Argentine pesos.

In Havanathe American currency 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 greater, it suffered a decrease of 1,38% to be located in 355 pesos Cubans.

Movement of the dollar in Venezuela

In Venezuelathe currency increased 0,11% in the official price, established by the Central Bank of Venezuela, to reach the 36.44 bolivars. While in the parallel structure, it recorded a revaluation of 0,40% when going back to 40.03 bolivars.

In Colombiathe dollar showed a slight exchange rate slide this Monday, going from 4,158.10 to 4,148.04 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 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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