The dollar in Colombia is already trading on average above $4,950

The dollar in Colombia is already trading on average above $4,950

The dollar in Colombia continues to rise, without rest, and began the week of October 24 to 28 registering another increase in its price.

(See: Why the dollar is the most powerful currency, although it is not the most expensive).

This Monday, October 24, the currency opened at 4,925 pesos and, quickly, it registered an average trading price of 4,932 pesos, 18.76 pesos above the Representative Market Rate (TRM) of the day, which is 4,913.24 pesos.

(See: And now who can defend us?: the ways to stop the dollar).

At 8:20 am, the average price was 4,944.21 pesos. Later, it rose to 4,948.69 pesos (34.45 pesos above the TRM). And by 8:30 am it was 4,949 pesos.

After 8:30 a.m., the average negotiation reached 4,950.44 pesos, 37.2 pesos above the TRM.

(See: The devaluation of the Colombian peso, the fifth highest in three decades).

For now, the highest value that the currency has had has been 4,964 pesos, while the lowest, 4,925 pesos.

(See: Colombia demands political intervention for ‘short circuit’: JP Morgan).

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