The dollar in Colombia it ‘woke up’ at the close of the penultimate week of June 2023 and registered upward operations.
(See: Dollar down: what is the minimum price it could reach?).
After touch lows in more than a year and trading at less than 4,100 pesos on Thursday, June 22, the currency ‘reacted’ this Friday the 23rd.
It opened the day at 4,100 pesos, but as time went by it rose and was traded at high values, breaking the barrier of 4,200 pesos. Some values that he recorded were: 4,115, 4,116.49, 4,128, 4,130, 4,133.18, 4,136.05, 4,151.85, 4,209 and 4,210 pesos.
The maximum price reached during the day was 4,218.90 pesos and the minimum, 4,100 pesos.
(See: Political tensions: why the dollar rose in December and is now down).
In the end, the average trading price of the dollar was 4,168.79 pesos, 54.4 pesos more than the Representative Market Rate (TRM) of the day, which is 4,114.39 pesos.
The week from June 20 to 23 saw an upward trend for the US currency, although its average price remained below 4,200 pesos.
(See: How close is the world economy to a possible de-dollarization).
And with respect to the TRM of Tuesday, June 20, which was 4,145.72 pesos, the currency closed with a rise of 23.07 pesos.
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: When will the dollar have a period of calm in its price).
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).
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