Price of the dollar in Colombia starts the week with a strong rise

The price of the dollar in Colombia registered strong upward pressure at the start of the week and gained more than 40 pesos this Monday, at the restart of operations, after several days of calm due to the Thanksgiving holiday, between Thursday and on Friday, which forced quotes to be made under the figure of Netx Day.

(Read: When does the new ACPM price come into force in Colombia?).

According to the Colombian Stock Exchange (BVC), The US currency rose 44 pesos this Monday, trading at an average price of $4,463. The TRM for the day was $4,419.

This way, The exchange rate rose around 0.34% on the day.

(Also: Colombia Without Hunger: how many payment cycles are there in 2024?).

For its part, in other markets, the euro depreciated 0.62% against the dollar, trading at $1.05 and the pound sterling lost 0.51% against the dollar, trading at $1.27 per pound.

In parallel, The Brent and WTI references rise 1.27% and 1.31%, standing at 72.75 dollars per barrel and 68.93 dollars per barrel, respectively.

(Also: Gasoline sales in Colombia have already been negative for more than 16 consecutive months).

Regarding the fixed income market, the 10-year US Treasury bonds depreciate by 2 basis points (bps) and stand at 4.21%.

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