Dollar in Colombia started the week lower, but remains above $ 4,100

The dollar in Colombia fell this Monday, thus replicating the trend in other markets where the US currency weakened against currencies such as the euro and the pound sterling.

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The exchange rate opened lower at $4,127 (-0.50%) compared to the TRM of the day, which was $4,143. For its part, according to the Stock Exchangethe foreign currency closed at an average price of $4,105.

In other markets, the euro appreciated 0.2% against the dollar, trading at $1.07 per euro, and the pound sterling gained 0.19% against the dollar, trading at $1.27 per pound.

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Investors are still awaiting various economic data that will be released this week and new signals about the direction the FED will take in monetary policy in the US.

According to the latest data, in the US, business activity reached its highest level in 26 months, after the manufacturing composite PMI rose to 54.6 in June.

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For its part, U.S. production rose steadily for 17 consecutive months, with expansion accelerating markedly in May and June.

According to the report, the services sector has experienced an increase in activity, recovering strongly so far this year after the stagnation observed at the end of 2023, driven by growing demand.

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