The price of the dollar in Colombia for the day of Friday, April 28, started at an average of $4,647, representing a slight decrease of $7.1 from the Representative Market Rate (TRM) which is quoted today at $4,654 . , 14.
In turn, the minimum value hits $4,630.25, while the maximum is $4,647.
According to the Set-FX platform, negotiations for $54 million have been made through 67 trades to date.
The U.S. economy grew 0.3% in the first quarter of 2023 compared to the last three months of 2022, according to the gross domestic product calculation released Thursday by the Government’s Bureau of Economic Analysis (BEA).
The data shows the slowdown in growth in the world’s largest economy, as quarter-on-quarter GDP growth was three-tenths higher -0.6%- in the last quarter of 2022.
The statistics also calculate that the annual growth rate in these first three months of the year was 1.1%, well below the estimated 2.6% in the last quarter of 2022.
The slowdown has been attributed to a decrease in investment in private inventory, i.e. the money companies spend buying inventory for their inventory that they later plan to sell, and investment in residential fixed assets, i.e. purchases of residential facilities . owned and leased.
For its part, the Brent crude reference price for Colombia rose 1.01% to USD79.16, while WTI crude rose 0.78% to USD75.34.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
