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January 10, 2025
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Dollar closed the week higher after new unemployment data in the US.

The price of the dollar in Colombia continues to fall, but remains above $4,000

The price of the dollar in Colombia rose this Friday and stabilized above $4,300, after new data on the labor market in the US was released.

(Read: Inflation in Colombia closed 2024 at 5.20%, within experts’ expectations).

According to the Stock Exchange, The foreign currency appreciated 22 pesos on the day, closing at an average price of $4,343 compared to the TRM of the day, which was $4,321.

The rise in the US currency was driven by the slight drop in unemployment in the United States in the month of December.

(See: The list of countries that recognize Nicolás Maduro as president of Venezuela).

According to data from the Bureau of Labor Statistics (BLS), Unemployment in the United States fell one tenth in December to 4.1%, with 256,000 new jobs created.

The figure changed very little from 4.2% in November, but shows a more solid labor market than expected by analysts, who predicted an unchanged unemployment rate and lower net job creation.

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