The price of the dollar in Colombia registered a new bullish day this Friday and closed the week above $4,400, in anticipation of the presidential elections in the United States and after knowing the figures for the labor market in that country.
(Read: When will normality return for the dollar in Colombia?).
According to the Colombian Stock Exchange, The US currency rose 4 pesos on the day (the TRM was $4,409) and closed at an average price of $4,413.
Between Monday and Friday, The foreign currency gained 97 pesos, after starting the week at $4,316.
(Also: Dollar and US stop a more aggressive rate cut).
This new increase occurs before the presidential elections in the United States that will be held next Tuesday, November 5, given the expectations for the results.
Likewise, the dollar rebounded when it was learned that job creation in the United States was drastically reduced in October due to hurricanes and strikes that affected the country, according to data from the Department of Labor released this Friday, four days before the presidential elections. .
(Also: They set a new usury rate for November, after the reduction in interest rates).
The world’s largest economy added 12,000 new jobs last month, below expectations and the 223,000 jobs in September, according to the revised data.
But in a positive sign, the unemployment rate remained unchanged at 4.1%. The number of new contracts is much lower than expected, since analysts expected 110,000, according to the Market Watch consensus.
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