Tag: dollar increase

The dollar started the day above $3,950, following 2023 inflation data

The dollar started the day above $3,950, following 2023 inflation data

The opening value of the us currency It was $3,942. In turn, the minimum price is $3,942, while the maximum price is $3,960. The behavior of the coin increases after learning that the inflation in Colombia continued its decline. For December 2023, the annual indicator was 9.28% National Administrative Department of Statistics (Deen) through the […]

The dollar opens higher and hits $4,000 again

The dollar opens higher and hits $4,000 again

This is the third month in a row that the number of people has fallen jobs available, a situation that experts say could reflect a cooling of the labor market as a result of the eleven tariff increases applied by the government fed to lower prices. For example, the number of new employees in October […]

The dollar opens higher ahead of the Fed’s interest rate decision

The dollar opens higher ahead of the Fed’s interest rate decision

It is less clear for the meeting of December. The tool assigns a probability of just over 70% for the Fed governors to keep them at their current range, while the probability of raising them by a quarter point is 24%. For the time being, however, the downward trend (in inflation) is intact and this […]

The dollar starts above $4,100 the first week of October

The dollar starts above $4,100 the first week of October

Last Friday’s data showed that a inflation by USA better than expected, 3.9% annualized, together with the agreement reached in 2011 Senate on Saturday to raise the debt ceiling are currently not having the expected recovery effect, although as the day progresses we will have to wait to see possible trend changes. Wall Street On […]

FED pauses interest rates and maintains them at 5.25%

FED pauses interest rates and maintains them at 5.25%

The US Federal Reserve. (Fed) announced a pause in interest rate increases this Wednesday, after the eleven consecutive increases which it has implemented since March last year, although it was not clear whether further increases will take place before the end of the year. “The Committee would be prepared to adjust the monetary policy stance […]

Inflation will not yield with a dollar close to $5,000

Inflation will not yield with a dollar close to $5,000

Julio Romero toassured that some measures of the Bank of the Republic could help curb the accelerated appreciation of the dollar. “The Colombian peso has depreciated strongly and rapidly, not only against the dollar, but also against other currencies of developed countries, Latin American and tankers. This currency depreciation presupposes additional inflationary pressures that will […]

Dollar Closes This Tuesday With Highest Average In History: $4,743.82

Dollar Closes This Tuesday With Highest Average In History: $4,743.82

The opening value of the US currency was $4,685. The minimum price, in turn, was $4,665.20, while the maximum was $4,794. With this, the average price was $4,743, a figure that rises $107 compared to the representative price of the current market and would become the highest recorded by Banco de la República. According to […]

Dollar continues to rise, closing at an average of $4,815.21

Dollar continues to rise, closing at an average of $4,815.21

The opening value of the US currency was $4,800. The low price was 44,780, the high price was $4,859.79 and the close was $4,840. The currency returns to mark a historical maximum in the country and the devaluation of the Colombian peso. According to the information of the Set-FX platform, negotiations have been conducted for […]

The dollar crossed $4,700 for the first time in history

The dollar crossed $4,700 for the first time in history

The value of the U.S. currency closed negotiations at an average of $4,636.84, representing an increase of $17.06 from the representative market rate (TRM), quoted at $4,619.78. This average indicator confirms that a new historical maximum in the national reference rate, since before, the max value was $4,617.61 on October 7. This price of the […]

The dollar rises above $4,400 this Thursday, September 1.

The dollar rises above $4,400 this Thursday, September 1.

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% […]

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