Price of the dollar today, February 20

MIAMI.- This Tuesday, July 9thhe dollar keep it up 1,05% in the parallel structure of Argentinawhile it presents an increase of 0,82% in the of Venezuela. Meanwhile, it continues without registering movements in the European markets, and rises 0,18% in it Japanese.

For the fourth consecutive day, the American currency is located 1,08 euros In the old continent, the European currency is one of the most solid currencies in the foreign exchange market, where it remains a refuge for investors.

In it British marketthe currency remains at 1,27 pounds sterling for the fourth consecutive close. The English currency continues to “his kingdom”, occupying a preferential place in the Forex market, after leaving the Eurozone in January 2020.

In Japan, The dollar rose 0.18% this Tuesday and reached, once again, 161 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.

Price of the dollar in Argentina

In Mexicothe exchange market fell 0,45%during this day, to return to the 18 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 exchange rate in Argentinaestablished by the Central Bank, rose 0,24% to reach the 958.36 Argentine pesos. The official market 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 50%. In this ring, I increase my value by 1,05% and reaches the 1.440 Argentine pesos.

In Havanathe currency remains attached 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, whose value is almost 14 times higher, it is valued at 340 pesos Cubans.

Quote in Venezuela

In Venezuelathe dollar falls to 36.48 bolivars at the official rate, established by the Central Bank of Venezuela. While in the parallel structure, it resumes the upward trend, by raising its price in 0,82% to be located in 40.65 bolivars.

In Colombiathe American currency showed a slight slide, going from 4,093.72 to 4,052.99 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

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.

Leave a Reply