Duque demands signals to reduce uncertainty, Petro asks not to buy from Colombians

While the dollar continues to rise In Colombia, passing the barrier of 4,600 pesos per dollar on Tuesday, the president of Colombia, Iván Duque, and the elected president, Gustavo Petro, recently exchanged messages in this regard.

Duque asked on Monday to generate “precise clues that help reassure the currency markets,” in a statement to the media during the 2022 National Senior Management Award ceremony.

“I think it is very important that there are signals that remove uncertainty from the country. When there are messages that generate uncertainty regarding long-term investment, regarding what may lie ahead in the regimes that have to do with investment in the field and others, because I believe that these things are beginning to generate this situation,” he added.

Duque added that “as long as there is a path of uncertainty, the investment will go away and they will try to liquidate and obtain resources or profits.”

On the other hand, the high price of the dollar causes people to buy and then trade them at a higher price.

In this sense, the president-elect of Colombia wrote on Monday, via Twitter, that “to those who are buying dollars in Colombia today, with the greatest respect I have to announce that when I put them up for sale again, they will be worth less in Colombia.” that moment. eye! Don’t waste your money.”

Colombia is not the only country that has registered historical increases in recent days. Chile, Argentina and Mexico have also seen their currencies devalued.

Duque even pointed out on Monday that Colombia is not the only country experiencing this phenomenondue to the fact that a “quite similar” situation is experienced in Chile.

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