economy and politics

Dollar rises this Tuesday and surpasses the $4,200 barrier

Dollar rises this Tuesday and surpasses the $4,200 barrier

The markets in the United States operate in mixed terrain this Tuesday, October 10. As oil prices fall on the day, The dollar strengthens and surpasses the barrier of $4,200 in Colombia.

(You may be interested in: When was the last time inflation in Colombia was below 5.81%).

According to the local Stock Exchange, The foreign currency is traded at an average price of $4,237, that is, it rises 43 pesos compared to the Representative Market Rate, which is $4,194..

In other operations, crude oil prices fall 5% on Tuesday, weighed down by economic announcements from Beijing and the prospect of abundant crude oil production in the coming months.

(Also: The factors that are working against retirement in Colombia).

For its part, Wall Street opened this Tuesday in mixed territory after a session of losses marked by the rise in the yield of the 10-year Treasury bond and the increase in the price of Texas oil.

The stock market has just closed a day of losses, supported by the increase in the yield of the 10-year Treasury bond, which exceeded 4% this Wednesday due to the drop in unemployment in the United States in September and the creation of 254,000 new jobs of work that same month.

PORTFOLIO

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