economy and politics

Dollar soared this Friday and closed the week above $4,100

Dollar

The dollar in Colombia rose sharply this Friday, after two consecutive days of decline, and surpassed the $4,100 barrier.

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According to the Stock Exchange, The US currency closed at an average price of $4,110, that is, it gained 53 pesos compared to the TRM which was $4,057..

The foreign currency fell after the New York Stock Exchange opened sharply lower on Friday, following an increase in the unemployment rate in the United States in July, a sign of a slowdown in the world’s largest economy.

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Dollar

iStock

During the first operations, The Dow Jones index fell by 0.93%, while the Nasdaq, predominantly technological, fell by 2.53%, weighed down in particular by Intel, which plummeted by 25% after the announcement of the elimination of 15,000 jobs..

The broader S&P 500 index also fell, by 1.51%.

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