MIAMI.- The Mexican currency reached 18 pesos this Tuesday July 23, while Cuba’s advanced to the 305 Cuban pesos. Meanwhile, the markets of Europe and the United Kingdom remained unchanged.
In it old continentthe American currency is located in 1,08 euros for the second consecutive close. The European currency is one of the strongest in the foreign exchange market, where it remains a refuge for investors.
In it British marketthe currency remains in 1,29 pounds sterling. The English exchange market continues in “his kingdom”, occupying a preferential place in the forex market, after leaving the euro zone in January 2020.
In Japan, the dollar went from 157.45 yen to 156.72 yen, a 0.46% drop according to the average established by the Japanese issuing body. 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.
Dollar in Mexico and Argentina
In Mexicothe US currency broke through the ceiling of 18 pesos (18.09 pesos) According to the Central Bank aztecawhich sets the guidelines for the exchange market that moves during the day in the buying and selling of banks and serves as a reference for the exchange rate of the following day. The expectation is that the local currency will continue to weaken.
The official (retail) quote in Argentinaestablished by the Central Bank, is located in 966.23 Argentine pesos. The official 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 economy, reached 1.445 pesos Argentinesan advantage of 49% over the official reference of the issuing entity.
In Havanathe currency remains attached to the 24 Cuban pesos since March 2005 at the official rate, set by the Central Bank of Cuba. While the so-called black dollar experienced a subtle change from 300 to 305 pesos.
Quote in Venezuela
In Caracasthe official market, established by the Central Bank of Venezuela, had a decrease of 0,19% to reach 36.53 bolivars. While in the parallel structure it registered an advance of 0,73%being located in 41.38 bolivarsa gap of 13.27% with respect to the BCV benchmark.
In Colombiathe dollar experienced a slight decline, going from 4,040.20 to 4,006.01 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
