The price of the US currency for the day of Friday, July 1, opened at an average of $4,186.94, up $31.36 from the Representative Market Price (TRM), which is quoted for today at $4,151.21. This increase was announced after learning of the 150 basis point increase in the monetary policy interest rate of the Bank […]
Tag: dollar increase
The dollar resumes its uptrend
The dollar resumed its uptrend on Thursday, trading at an average of $4,068.60. The prevailing Representative Market Rate (TRM) is $4,026.52. The Set-Fx platform shows that the US currency opened at $4,035 and reached a low of $4,034 and a high of $4,118.40. The closing price was $4,102 and negotiations on the day totaled $1,249 […]
The dollar rose $122 at the close of trading
As expected by analysts, the dollar started the week with uptrend and it’s priced at over $4,000, following the second round of elections in which Gustavo Petro was elected as Colombia’s new president. The senior foreign exchange officer of Credicorp Capital Juan Eduardo Nates points out that high dollar volatility is expected for this Tuesday. […]
Dollar and stocks reflect the effect of election results
The shares of companies in the mining and energy sectors related to: Colombia presented falls on Monday on the Canadian stock market, after learning of the results of the second round. For example, the shares of Canacol Energy fell in the Canadian Stock Exchange up 3.73% and traded at 2.58 Canadian dollars. Canacol is a […]
The dollar crosses $4,100: these are the reasons for the rise
The price of the dollar does not stop increasemaintaining an upward trend in the past week that exceeded $4,100, where even the Representative market rate (TRM), which is valid for this weekend, is located at $4,110.53an increase that has taken place since May 3 last year, when the currency crossed the $4,000 mark. On this […]
Dollar closed at $4,109.97, the highest record of the past two years
It should be remembered that the historical maximum occurred on March 20, 2020, when it was recorded $4,153.91† The opening value of the US currency was $4,105† Meanwhile, the minimum price of the North American currency during the day was $4,092.40while the high registered $4,133. According to platform information Set-FXnegotiations were conducted for USD1.491 million […]
Dollar opens the week higher, approaching $4,100
As the dollar strengthened against the Colombian peso, oil differentials narrowed, both WTI and Brent, the benchmark for Colombia. The price of Texas Intermediate Oil (WTI) fell 6.1% to USD 103.09 a barrel, as international concerns about severe lockdowns in China due to new outbreaks of Covid-19 persist. At the close of trading on the […]
Dollar continues to rise on electoral uncertainty
The dollar returned to very close to $4,100 after the start of the week on driven by external and internal factors. The US currency traded this Monday at an average of $4,085.97, after reaching its maximum historical price of this year ($4,086.08) the previous week. This makes the Colombian peso had a depreciation of 0.82%. […]
The dollar is still above $4,000
While the dollar declined $32.22 compared to the prevailing Representative Market Rate (TRM), which is $4,086.08 and was quoted at an average price of $4,053.86, it continues to strengthen due to the international context and the national situation. The US currency opened the day at a price of $4,080.00, reaching a low of $4,031.50 and […]
Dollar continues to rise, closing the day at an average of $4,086.13
The US currency closed out the trading day with an average price of $4,086.13, up $29.72 from the representative market price (TRM), quoted for Thursday, May 5, at $4,056.41. It should be remembered that the opening price of the US currency was $4,060. Meanwhile, the currency’s low value during the day was $4,055 while its […]