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February 7, 2023
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Dollar in Colombia remains above 4,700 pesos

Dollar in Colombia remains above 4,700 pesos

During the day of February 6, the dollar broke the barrier of 4,800 pesos again. Finally, it closed very close to this value and is close to the prices registered at the beginning of 2023.

It should be remembered that by 2022 the foreign currency reached its all-time highs with prices above 5,400 pesos. This Monday, February 7, during the first hours of the day, the dollar registered an average price of $4,768.86.

(Read: After a strong rise, the dollar is close to the price at the beginning of the year).

That is, 7.39 pesos below the TRM of the day, which is located at $4,776.25.

At the close of the negotiations, the dollar closed with a average price of $4,776.24

This implies a slight increase of 0.01 pesos with respect to the TRM.

Now, the opening price of the day was $4,776.26. Finally, the minimum value of negotiation was $4,720.00 and a maximum of $4,797.00.

The price rise, according to Diego Gómez, an exchange market specialist at Corficolombiana, is due to the fact that US labor market numbers have strengthened the dollar globally since Friday.

For Diego Rodríguez, managing director of Bosk Capital, the US employment data was very surprising, almost three times what was expected. Iso Triggered market sales and profit taking on all risky assets globally They had risen quite a bit at the beginning of the year and now the market is waiting for the inflation data in the US and to see what options begin to emerge to balance the employment market in that country.

BRIEFCASE

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