economy and politics

Dollar starts the week on the rise due to expectations after the elections in Venezuela

Dollar starts the week on the rise due to expectations after the elections in Venezuela

The price of the dollar in Colombia started the week on the rise, amid expectations for the future in Venezuela after the results of the elections were known, which would give Nicolás Maduro the victory, according to the CNE of that country.

(You may be interested in: ‘They are not credible’: Reactions from Colombia to the election results in Venezuela).

According to the Stock Exchange, The US currency closed at an average price of $4,059 this Monday, that is, it gained 45 pesos compared to the Representative Market Rate (TRM) which was $4,014.

Venezuelan elections strengthened the dollar, while doubts are growing among investors about the impact these results will have on the region.

(We also recommend: Pension fund savings maintain their upward trend at the end of June).

Elsewhere, oil is trading flat while Wall Street is trading mixed on Monday at the start of a busy week that will see a Federal Reserve meeting and a volley of technology company results.

BRIEFCASE

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