In a globalized and interconnected world, any event generates in one way or another effects in Colombiaof various magnitudes.
(Bitcoin crashes due to war between Russia and Ukraine).
Such is the case of the warlike conflict that is taking place at the moment between Ukraine and Russiatwo countries strategic in input markets.
Thus, the Ministry of Finance indicated this Thursday that the conflict could generate increase in prices of some products in the country, which use fertilizers of Russian origin.
(Oil price exceeds US$100 due to crisis in Ukraine).
“Situations like the ones taking place today in Ukraine and Russia will eventually have a cost impact. No war of this nature is desirable in the world, because that is the only thing that generates destruction, difficulties and deaths,” Restrepo assured in an interview with La FM.
THE EFFECT ON THE DOLLAR
The price of the dollar in Colombia is no stranger to international conflict. This Thursday, the foreign currency rose sharply, although he moderated the profits with which he started the negotiations when he earned up to $66.
However, he later relented. At the close of the day, the dollar gained $27 and traded at an average price of $3,940. Today’s TRM is $3,940.20 and is up $26.41.
BRIEFCASE
