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March 23, 2023
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Dollar adds a new day of losses in Colombia

Dollar closed this Thursday below $4,600

The dollar in Colombia completes a new bearish day, after the Fed decided to increase US interest rates between 4.75% and 5%.

According to the Stock Market, The US currency is traded this Thursday at an average price of $4,757, that is, it loses 19 pesos compared to the TRM of the day, which is $4,776.

The US currency finds its resistance below $4,800 on the day, after breaking down this level in the previous session.

It also completes its third consecutive day of losses in the week.

The Fed’s rate hike weakens the dollar in the session.

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