economy and politics

Official dollar rate in Colombia will be $5,061.21 until Tuesday

The dollar closed the week higher and above 4,330 pesos

The Representative Market Rate of the dollar in Colombia exceeded this week, for the first time in history, the barrier of $5,000, and during this weekend and holiday Monday it will be $5,061.21.

(Dollar rebounded and hit a new all-time high.)

Please note that the representative market exchange rate or TRM is the amount of Colombian pesos for one United States dollarwhich is calculated based on foreign currency purchase and sale operations between financial intermediaries that trade in the Colombian foreign exchange market, with compliance on the same day when foreign currency trading takes place.

(Dollar is still long, they made operations at more than $5,100).

Remember that any transaction made with this foreign currency between November 5, 6, 7 and 8 will be taken from the TRM, that is, $5,061.21price set by the Financial Superintendence of Colombia this Friday, after the closing of the operations of the local exchange market.

The foreign currency closed this Friday at an average price of $5,069, that is, it rose 11 pesos compared to the TRM of the day, which was $5,058.

BRIEFCASE

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