The dollar in Colombia closes the week of February 13 to 17, 2023 with falls, but remains above the 4,900 pesos.
(See: Maduro proposes to Petro to create an economic zone between Colombia and Venezuela).
The currency opened the day on Friday at 4,950 pesos and, for now, does not register values higher than the 4,966.33, the Representative Market Rate (TRM) of the day.
Until now, the maximum value that the currency has had has been 4,963.60 and the minimum, 4,911 pesos.
(See: Foreign investment in January is the highest in eight months).
Other values at which the currency has been traded during the day have been 4,928.15, 4,934.38, 4,936.25 and 4,938.88 pesos.
At 10:15 am, the average trading price was 4,935.34 pesos, 30.99 pesos less than the TRM of the day.
(See: For these reasons Colombia had a GDP of 7.5% during 2022).
Arnoldo Casas, investment director of Credicorp Capital, He said that the price of oil below US$80 is influencing the price of the dollar in the country in recent days.
He also considered that it influences the social and political situation with the reforms that the Government is presenting. In addition, he considered that inflation, and forecasts that it will continue to be high, are impacting the exchange market.
(See: Citizen Income: how this subsidy will work and who it will benefit).
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