The price of the dollar in Colombia rose up the week, after the holiday in Colombia, and one day after the meeting between Donald Trump, Volodimir Zelenski and several European leaders in the face of the possibility of reaching an agreement on the war in Ukraine, which softens the penalty regime that weighs on Russia.
(Read: The fiscal challenges and threats facing Colombia in the rest of 2025).
According to the stock exchange, The foreign currency rose 17 pesos and closed at an average price of $ 4,036. The representative market rate for this Tuesday was $ 4,019.
The market also has attention to the activity of the Federal Reserve: that this Wednesday publishes the minutes of the July meeting, and then its managers will meet at Jack Hole (Wyoming), where the President Jerome Powell will offer a expected speech on Friday where he will communicate his decision on interest rates.
(See: Dian offers 25% discount on income tax: what should be done to obtain it).
The numerous disagreements between Powell and the president of the United States, Donald Trump, have put the first in the trigger, and Treasury secretary Scott Besent has told the CNBC channel that in the next week he will begin to meet and evaluate the “eleven powerful candidates” to replace Powell.
On the other hand, at the local level, It is planned that this August 19 will begin in Congress the debate of the General Budget of the Nation 2026, whose amount amounts to $ 556.9 billion, equivalent to 28.9% of GDP.
(Besides: With $ 557 billion at stake, Congress opens this week the discussion of the budget 2026).
The discussion will be led by the Minister of Finance and other senior officials, and will focus on the distribution of operating, investment and debt service expenses.
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