The price of the dollar in Colombia continues to rise, with slight increases, and consolidated above the 4,500 pesos.
(See: Where is the dollar going? Forecasts of what’s to come for the currency).
This Thursday, April 20, the currency opened downward, at 4,525 pesos, and registered other lower prices than the Market Representative Rate (TRM), as 4,516.21, the minimum of the day, but its average strengthened upwards.
So far this day, it was also traded at 4,523, 4,536.42 and 4,547 pesos, as well as 4,562 pesos (the highest, for now).
(See: Balance of the participation of Colombia in meetings of the IMF and the WB).
At the end of the day, the average trading price was 4,535.82 pesos, 3.39 pesos above the TRM of the day, which is 4,532.43 pesos.
In four days that go from the week of April 17 to 21, the dollar in Colombia changed its trend and has registered increases.
For several weeks, from March 2023, the price of the coin fell and only between April 10 and 14. lost 145 pesos.
(See: Industry and commerce: how sales have deteriorated).
According to expert analysis, some factors that would influence the upward price curve, in the short term, are associated with macroeconomic scenarios, uncertainty in internal political measures that would generate a country risk and to external situations, such as new measures by the Fed or bearish values in ‘commodities’ (oil).
(See: Trade between Colombia and Venezuela totals US$70.5 million in 6 months).
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