The dollar opened this Monday at $4,349, averaging about $6.8 below the TRM, which is $4,355.80 for today.
The consequences of the political situation and the Colombian government after the revelations of audio calls between Armando Benedetti and Laura Sarabia, former officials of Gustavo Petro’s government, are also expected to affect the price of the US currency.
When Gustavo Petro assumed the presidency of the Republic in Colombia, dollars It was last August 7th with a TRM of $4,337.
At the market’s opening, the currency reached a low of $4,335 and a high of $4,370. In the beginning, $10.5 million was negotiated in 31 transactions.
The barrel of Brent oil, a reference for Colombia, started the day up 2.54% to US$78.06, while the WTI is up 2.70% with a price of US$73.68.
“The decisions of the countries of Saudi Arabia to cut their production by a million barrels a day from July and there are prices that are starting to recover compared to last week, almost $70, to $78 and a recovery of 2 .5%,” analyzed Alejandro Guerrero of Credicorp Capital.
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.
