economy and politics

The dollar in Colombia closed the week with historical prices

The dollar in Colombia closed the week with historical prices

This Friday, October 14, the dollar had a day marked by strong volatility. The foreign currency, in the first hours, was located below 4,600 pesos in which it had positioned itself in recent weeks.

By 8:41 a.m., it was registering a average trading price of $4,557.20. That is, 62.58 pesos below the Representative Market Rate, TRM, of the day, which is $4,619.78.

By 11:32 am, the currency rebounded and positioned itself at an average value of $4,619.47. Later, near the close of the day, the foreign currency gained strength and reachedhe highest price in the history of Colombia: $4,707.

Finally, the day closed with an average value of $4,638.61which implies an increase of 18.38 pesos above the TRM.

Now the maximum trading price was $4,707 and minimum of $4,548.25. The day opened with a value of $4,555.00 and registered $4,698.00 as the last price.

(Read: Dollar fired, reached the third highest record in Colombia).

It should be remembered that on the day of October 13, the currency registered the third highest price in the country’s history with an average price of $4,619.78.

Although at the end of the day it registered a strong decline, the dollar managed to exceed $4,666 at the beginning of operations after knowing the inflation data in the United States that was above expectations.

BRIEFCASE

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