The price of the dollar in Colombia was once again traded lower and for less than the 4,200 pesos barrier, which it was above between Monday 16 and Tuesday 17 September.
(See: Fiscal problems took their toll on health reform).
This Wednesday, September 18, The currency opened at 4,200 pesos and closed at 4,192 pesos. Other values recorded were 4,178, 4,182, 4,185, 4,192 and 4,1999 pesos.
Besides, The maximum and minimum prices of the day were 4,204 pesos and 4,177.50 pesos, respectively.
At the end of the day, the average trading price was 4,189.67 pesos, 49.66 pesos below the Representative Market Rate (TRM) of the day, which was 4,239.33 pesos.
(See: Electricity companies are in check due to a vicious circle that has been going on for years).
The fall of the ‘greenback’ was striking, especially because it came from two days of strong upward movements.
(See: How does the rise or fall of the dollar affect the Colombian economy?).
So far in 2024, The dollar has appreciated 10.92% against the Colombian peso. And in the last full year, the national currency has decreased by 7.92%.
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