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November 10, 2022
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Good news | Dollar fell almost $100 pesos in Colombia and closed below $5,000

The dollar is trading lower in the early hours of the day

The price of dollar began to fall and closed the day this Wednesday, November 9, below $5,000.

The North American currency closed at $4,914.64 on average, with a decrease of $98.56 compared to the Representative market rate (TRM).

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During the day, the dollar was quoted with a minimum of $4,875 and a maximum of $4,970.

It should be remembered that on November 3, the dollar reached its all-time high in the market and traded above $5,100, reaching $5,118, according to the Colombian Stock Exchange (BVC).

That day, the currency opened the day at $5,050 on average, representing an increase of $30 compared to the Representative market rate (TRM), which was located this Thursday at $5,015. The currency continued to rise and broke through the barrier reaching $5,118.

Also read: American multinational took advantage of the rise in the dollar in Colombia to make a millionaire investment

Experts have warned that the trend of american currency in the currency market will be on the rise in the medium and long term, however, some optimists expect it to go down.

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