economy and politics

The dollar continues with the upward trend at the end of June

The dollar reaches its highest TRM in history: 4,636.83 pesos

The dollar in Colombia began the week of June 26 to 30 trading with increases and continuing the upward trend of recent days. Yes indeed, it still remains below 4,200 pesos at the average price.

(See: The Mexican ‘superpeso’, the currency that adds losers and winners).

The currency opened this Monday at 4,180 and at no time, for now, has it had prices lower than the Representative Market Rate (TRM) of the day, which is 4,168.88.

Other values ​​that have been negotiated have been 4,182, 4,183 and 4,184.80 pesos.

And as far as operations go, the maximum price reached has been 4,200 pesos and the minimum, 4,176 pesos.

At 9:32 am, the average trading value of the dollar was 4,184.70 pesos, 15.82 pesos more than the TRM of the day.

(See: Dollar down: what is the minimum price it could reach?).

After experiencing a collapse at the beginning of June and with prices below 4,100 pesos (something that had not been experienced since the first half of 2022), the closing of the sixth month of 2023 has been of increases.

Experts have said that the price of the dollar in the coming months and until the end of 2025 It could range between 4,200 pesos and 5,100 pesos.

(See: Political tensions: why the dollar rose in December and is now down).

Some factors that could impact the price curve in the short term are associated with macroeconomic scenarios, to uncertainty in internal political measures that would generate a country risk and to external situations, such as new measures by the Fed or bearish values ​​in ‘commodities’ (oil).

(See: The dollar in Colombia: falls, rises and what is coming for the currency).

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