MIAMI.- He dollar resumes the upward trend in the parallel structure of Argentina this Wednesday, July 17th, with an increase of 1,77%While in the Venezuela records an increase of 0,42%. Meanwhile, it maintains its stability in Europe and the United Kingdom, and presents slight variations in the market Japanese, Mexican and Colombian.
In it European marketthe currency remains in 1,09 euros for the third 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 is located at 1,29 pounds sterling for the fourth consecutive close. The English foreign exchange market continues to “his kingdom”, occupying a preferential place in the forex market, after leaving the euro zone in January 2020.
In Japan, The American currency showed a small rise, going from 158.38 to 158.51 yen. This currency, along with the dollar, the euro and the pound sterling, is one of the strongest in the foreign exchange market, despite the fact that this year it has lost value against the American currency.
Quote in Argentina
In Mexicothe currency suffered a drop of 0,61% This Wednesday, when going down to 17,67 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, grew 0,17% This day, as we move forward to 960.89 Argentine pesos. The official exchange rate reduced the gap of more than 100% that it maintained with the parallel market, after the drastic increase implemented by President Javier Milei in order to stabilize the economy. The parallel structure of the so-called Blue dollar, which sets the tone in the real economy, now has an advantage of 50%. This Wednesday progressed 1,77% to value in 1,440 Argentine pesos.
In Havanathe dollar remains anchored to the 24 Cuban pesos since March 2005 at the official rate, set by the Central Bank of Cuba. Meanwhile, in the so-called parallel or black market, it remains at the same rate as the previous day of 310 pesos. Analysts predicted that it would soon return to the path of 400 pesos.
Dollar in Venezuela
In Venezuelathe dollar is located at 36.50 bolivars in the official exchange rate, established by the Central Bank of Venezuela. While in the parallel structure, it had an increase of 0.42%, rising to 40.98 bolivars, a gap of 11% with respect to the BCV reference.
In Colombiathe American currency registered a subtle growth today, going from 3,948.41 to 3,977.63 Colombian pesosat the rate set by the Bank of the Republic. In the coffee nation, the annual inflation to June was 7,18%,, 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