Dollar in Colombia operates this Monday under Next Day operations for a holiday in the US.

The US markets and stock exchanges will not operate this Monday, May 27, due to a holiday in the US, in commemoration of the ‘Memorial Day’ also known as the day of remembrance of the fallen soldier, which is why Operations carried out with the dollar will be carried out under the Next Day figure.

(Read: The dollar closed the penultimate week of May on the rise and approaching 3,900 pesos).

Operations with this mechanism allow negotiations for the purchase and sale of dollars to be carried out with a fulfillment period of one or two days, which means that if an operator makes an operation this Monday, he will receive the transaction on Tuesday or Wednesday depending on the characteristics of the negotiation..

(See: Labor informality in Colombia, close to falling into a scenario of stagnation).

Under this figure, the US currency loses 6 pesos and is trading this Monday at an average price of $3,872. The Representative Market Rate is $3,878.

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