The dollars It continued an uptrend on Thursday, trading at an average of $4,451.21. The current TRM is $4,422.27.
The currency had an opening price of $4,450 and the registered minimum was $4,436.40 and the maximum of $4,478.
The Bancolombia Economic, Sector and Market Research Directorate states that: Market participants are counting on a 70% chance of a Fed hike of at least 75 basis points in September.
In addition, the European Central Bank (ECB) expects a move of the same magnitude, a situation that has not affected the stability and strength of the dollar at the global level, which would close August as the third month in a row with gains,” the analysis indicates. .
In a context of shrinking oil prices, meThe currencies in the region lost ground, as did the Colombian peso.
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.
