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January 29, 2025
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Colombian peso is strengthened against the dollar that falls below $ 4,200 this Wednesday

Colombian peso is strengthened against the dollar that falls below $ 4,200 this Wednesday

The dollar in Colombia maintains its bearish streak, before the strengthening of the Colombian weight from the return of Donald Trump to the White House.

(Read: Petro Government offers productive credits plan for US deportees.).

Although, on Monday the foreign currency had bullish pressures after the IMPASSE diplomatic between the USA and Colombia, quickly the Colombian peso resumed its strengthening before the dollar that this Wednesday, January 29 is below $ 4,200.

According to the Colombian Stock Exchange, The American currency falls 30 pesos in the day and is located at an average price of $ 4,189. The TRM of the day is $ 4,219.

(Besides: Interior shock: temporary taxes for oil and coal exports will be).

In the local market, investors are expectation of the next decision of the Bank of the Republic about interest rates that will be discussed this Friday.

The weakening of the dollar in global markets is maintained since the arrival of Donald Trump to the presidency of the United States as a result of its tariff threats, What, according to some analysts, could lead to an increase in inflation in the US economy and a restrictive change in the Federal Reserve interest policy.

(Here: By postponements in government payments, these works would take longer than expected).

Experts agree that the first steps of the new president of the United States favored, for now, a global weakening of the dollar.

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