MIAMI.- The black market in Venezuela lost 0.74% of its value this Friday, September 27, while in Argentina gains ground again. Meanwhile, the dollar continues without changes Europe and the United Kingdomand registers subtle movements in Japan and in the different exchange markets in the region.
The currency is quoted in 1.11 euros on the old continent for the ninth consecutive day. The European currency is one of the strongest in the Forex market, where it is preserved as a refuge for investors.
In United Kingdomthe American currency is located in £1.33for the fourth consecutive closure. The British currency remains in “its kingdom”, occupying a preferential place in the currency market, after leaving the euro zone in January 2020.
In Japanthe dollar registered a considerable increase, going from 143.57 to 145.44 yen, according to the Japanese issuing entity. Along with the dollar, the euro and the pound sterling it is one of the strongest in the foreign exchange market. The market is cautiously observing the revaluation movements of this currency.
Foreign exchange market in Mexico
In Mexico, the currency advanced 0.21% to close the week in 19.62 mexican pesosaccording to the Aztec Central Bank. The banking entity establishes the pattern in the exchange market that moves during the day in the buying and selling of the banks and serves as the exchange reference for the following day.
The official (retail) market in Argentinaestablished by the Central Bank, ends the day in 1,003.64 pesos. The reference price 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 dollar blue still has an advantage 24% with respect to the official reference. In this exchange market, it registered a growth of 1.23% to achieve the 1,245 pesos.
In Havanathe official rate, set by the Central Bank of Cubahas remained anchored at 24 Cuban pesos since March 2005. While the so-called black or parallel dollar continues without experiencing variations in 320 Cuban pesos.
Price of the dollar in Venezuela
In Caracasthe official rate, established by the Central Bank of Venezuela, rose to 36.86 bolivars. While in the parallel structure, there was an exchange rate slippage of 0.74%locate in 44.05 bolivarsa gap of more than 19% about the reference.
In Colombiathe American currency had a slight decline, going from 4,192.74 to 4,188.11 Colombian pesosat the rate established by the Bank of the Republic. In the coffee-growing nation, annual inflation as of August was 6.12%, according to figures from the National Administrative Department of Statistics (DANE).
