The price of the dollar in Colombia for the day of Wednesday, June 7, started at an average of $4,205, marking a $40 drop from the Representative Market Rate (TRM) which is listed today at $4,245.
The minimum price, in turn, hits $4,190, while the maximum hits $4,205.
At around 8:40 AM, the Set-FX platform indicated that 142 trades had been negotiated for $63 million.
Today, inflation data for the month of May will be released by the Dane, with economic analysts expecting the indicator to have already passed its peak and the downtrend to begin.
Surveys show that the cost of living will be 0.61% for Banco de la República in May, 0.63% for Citibank and 0.64% for Fedesarrollo. According to Bancolombia researchers, the annual inflation projection will be 12.62%.
For its part, the Brent crude reference price for Colombia fell 1.11% to USD77.14, while WTI crude dropped 1.23% to USD72.62.
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.
