Price of the dollar today, February 20

MIAMI.- This Friday, June 12he dollar closes the week with an increase of 2,74% in the parallel structure of Argentinawhere he arrived at the 1,500 Argentine pesos; while in the Venezuela suffers a landslide 0,39%. Meanwhile, experiment while recording small changes in United Kingdom and Japanand maintains its stability in Europa.

In Europathe dollar remains in 1,08 euros for the seventh consecutive day. The old continent’s currency is one of the strongest in the foreign exchange market, where it remains a refuge for investors.

In it british ringthe American currency had an increase of 0,80% to advance to the 1,29 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 Japan, the currency fell back 2,10%after several days of increases, by appreciating in 158.20 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 soars in Argentina

In Mexicothe dollar had a very slight exchange rate slide, going from 17,82 a 17,81 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, declined 0,10% and is located in 956.91 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 56%. In this square, it continues to gain ground, by increasing 2,74% its price to arrive at the 1.500 Argentine pesos.

In Havanathe American currency 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 fell 1,49% when descending to the 330 Cuban pesos.

Quote in Venezuela

In Venezuelathe currency rose to 36.53 bolivars in the official market, established by the Central Bank of Venezuela. While in the parallel structure, it returns to 40 units. This Friday it lost 0,39% of its value to close the week in 40,88 bolivars.

In Colombiathe dollar suffered a slight decline, going from 3,979.91 to 3,968.87 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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