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July 1, 2022
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The dollar in Colombia is close to 4,200 pesos

The effect of elections on markets

The price of dollar in Colombia continues to rise, this Friday, July 1, it is approaching the 4,200 pesos.

(See: Banco de la República increases interest rate to 7.5%).

The currency opened the day at 4,174.98 pesos and has already surpassed the 4,200 barrier, since, for now, the maximum price it has reached is 4,205 pesos

The minimum, meanwhile, has been 4,174.98 pesos.

Around 9 am, the average trading price was 4,192.96 pesos, 41.75 pesos more than the Representative Market Rate (TRM) of the day, which is 4,151.21 pesos.

(See: Colombian economy would not deteriorate with the new government).

After 9:15 am, the currency had an average trading price of 4,193.26 pesos and then advanced to 4,194.54 pesos.

(See: Inflation would continue to rise and would reach 9.56%, according to analysts).

BRIEFCASE

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