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March 6, 2023
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Dollar opens lower and below $4,800 this Monday

The dollar in Colombia registered a very slight drop

The dollar in Colombia starts the day this Monday with a slight fall and remains below $4,800.

According to the Stock Marketthe US currency is traded at an average price of $4,774, that is, it falls 6 pesos against the TRM of the day, which is $4,780.

The minimum trading price is $4,760, while the maximum is $4,792.

At the close of last week, andhe dollar registered strong volatility, partly as a reaction to rulings by the Council of States and the Constitutional Court.

In the first case, it was due to the pronouncement of the Council of State that provisionally suspended the decree that granted functions to the president, Gustavo Petro, to regulate public services.

This generated that the actions, the dollar in Colombia and the TES will take this announcement as positive.

The other announcement was from the Constitutional Court, which said that it could provisionally suspend the application of a law if it considered that the constitutional order was violated, while the case was studied in depth.

BRIEFCASE

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