Treasury Secretary Ricardo Bonilla assured that the fall of the dollar below the $4,000 mark is a favorable market response to the fulfillment of the national government’s commitment to the fiscal rule. Speaking to businessmen from Colombia, Peru, Chile and the United States at a meeting this Tuesday, he claimed that the market could verify […]
Tag: US currency
The dollar broke the $4,000 mark
The dollar recorded an average price of $3,991.02 on Tuesday, breaking the $4,000 mark and reaching its minimum value for the past year. The currency’s gain was $78 compared to the Representative Market Rate (TRM) in effect this Tuesday, which stood at $4,069.39. The closing price was $4,001, while the minimum reached was $3,971.10 and […]
The dollar opens above $4,200 on fears of a rise in US interest rates.
The price of the dollar in Colombia for the day of Friday, July 7, started at an average of $4,210.31, marking an increase of $14.38 from the Representative Market Rate (TRM) which is quoted at $4,195, 93. The opening value of the US coin was $4,210. In turn, the minimum price is $4,192.75 while the […]
The dollar is rising, but remains below $4,200
The dollar registers a slight increase on Thursday, but the average price remains below $4,200 and stands at $4,187.92. When compared to the prevailing Market Representative Rate (TRM), which is $4,169.60, the recorded increase is $18. The opening price of the currency was $4,158, while the minimum occurring on the day is $4,158 and the […]
Excluding the economic uncertainty, the dollar should be at $3,681
The dollar without the economic uncertainty should be at $3,681, according to an analysis by Corficolombiana, which claimed that the reforms and refusals in follow-up exploration contracts have pushed the US currency higher than the average in Latin America. Despite the fact that the currency has experienced some decline over the past week, closing on […]
The dollar is below $4,500 this Wednesday
The price of the dollar in Colombia for this Wednesday, May 24, started at an average of $4,431, representing a decrease of $70 compared to the Representative Market Rate (TRM) which stands at $4,501.81 today. The opening value of the US coin was $4,437. The minimum price, in turn, hits $4,422, while the maximum is […]
The dollar opens with a slight gain in anticipation of the US debt deal.
The price of the dollar for the day of Friday, May 19 started at an average of $4,526.77, marking a slight increase of $5.13 compared to the Representative Market Rate (TRM) which is quoted today at $4,521 .64. The opening value of the US currency was $4,511.50. In turn, the minimum price is $4,511.50, while […]
The Colombian peso is gaining ground against the dollar, which is trading at $4,570
The Colombian peso closes out the week gaining ground against the dollar, which traded at an average price of $4,570.15 during Friday’s session. The currency’s behavior comes after knowing the inflation data for April in Colombia, which was 12.82%, showing that it started to yield after reaching a ceiling in March. In the international context, […]
The dollar closes out the week at $4,700
The price of the dollar in Colombia for the day of Friday, April 28 recorded an average of $4,668.07, a mark higher than the Representative Market Rate (TRM) listed for today at $4,654.14. In turn, the minimum value hits $4,630.25, while the maximum is $4,647. According to the Set-FX platform, negotiations for $54 million have […]
The dollar is falling, but remains above $4,600
The price of the dollar in Colombia for the day of Friday, April 28, started at an average of $4,647, representing a slight decrease of $7.1 from the Representative Market Rate (TRM) which is quoted today at $4,654 . , 14. In turn, the minimum value hits $4,630.25, while the maximum is $4,647. According to […]