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The dollar registers losses and falls below 4,600 pesos

The dollar registers losses and falls below 4,600 pesos

For the first time in several days, the dollar In colombia record losses and get off the 4,600 pesos.

(See: They forecast a mild recession in the United States for this 2022).

Although the currency began the day with slight increases, around 20 pesos and opening at 4,649 pesos, by 11 am its value was down.

The currency was traded on average at 4,584.38 pesos, 43.08 pesos less than the Representative Market Rate of the day, which was 4,627.46 pesos.

(See: Debt issues fell 66% in the first half).

After 11:20 am, the currency continued to fall and was trading on average at 4,579.19.

For now, the highest value that the dollar has had this Wednesday has been 4,670 pesos, while the lowest has been 4,540.50 pesos.

This Wednesday the 13th, in addition, inflation in the United States for June 2022 was announced. The data stood at 9.1%, the highest recorded in more than 40 years.

(See: Latin American countries with the worst devaluations against the dollar in 2022).

This situation would influence the price of the currency, since the US Federal Reserve (FED) has been raising interest rates to curb inflation, which has repercussions in world markets and, especially, in emerging countries such as Colombia.

To this is added the influence that the ddecisions being made by the elected president, Gustavo Petro.

(See: Annual inflation to June in the United States reached 9.1%).


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