The price of the dollar in Colombia continues to register historical figures and opens the day this Friday, October 21, approaching $4,950. At this time (8:32 am) it reaches an average trading price of $4,946.45, 60.95 pesos above the TRM for the day, which is $4,885.50.
(There is an ‘overreaction’ in the dollar market: Minister Ocampo).
According to the Stock Exchange, the foreign currency reported an opening price of $4,930, the minimum reached so far, and now It is trading at a maximum price of $4,958.90.
(Dollar at $5,000? The outlook for Colombia with the currency at that price).
Regarding this scenario, the Minister of Finance, José Antonio Ocampo, in the framework of the Great Forum: Tax reform in the final stretch, organized by El Tiempo, Portafolio and Probogotá, pointed out that “obviously the Ministry of Finance is concerned, but I think it has there has been an overreaction of the markets”.
“I want to be very emphatic, as I have been every day, that the Government has a commitment to macroeconomic stability and, therefore, I would say that among the issues that have been the subject of much debate, there will be no control of change. In addition, that is the responsibility of the Banco de la RepúblicaOcampo said.
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