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January 24, 2023
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Dollar is trading stable but continues below $4,600

Dollar is trading stable but continues below $4,600

The dollar in Colombia stabilized this Tuesday, after registering losses in the first minutes of the day. It still remains below the $4,600 level.

(Dollar fell hard and traded below the $4,600 level).

The foreign currency is traded at this time (10:55 am) at an average price of $4,552, that is, it rises 1 pesos against the TRM of the day, which is $4,551.

According to the Colombian Stock Exchange, the minimum trading price reached in the listing round was $4,520, while the maximum is $4,574.

Confirmation of credit rating Standard and Poor’s on Colombia, in which he said that he expects the fiscal adjustment to continue in the coming years, as well as data on the United States economy, caused the price of the dollar to fall again in Colombia on the previous day.

(Colombian peso, the second most revalued currency against the dollar).

The exchange rate continued to fall and at the start of the week it was the emerging currency that recovered the most against the dollar.

Relevant factors in market investment decisions changed at the start of the year. With the weakness of the global dollar, some additional demand for currencies in the region is expected, but in a more limited way, he said.

BRIEFCASE

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