The price of the dollar in Colombia has already exceeded 4,500 pesos

The price of the dollar in Colombia began the week of July 11 to 15 with great force and above the barrier of 4,500 pesos.

(See: Will we have a dollar at 2,500 or 3,000 pesos again?).

The currency opened at 4,470 pesos and, since the beginning of the day, he has not stopped climbing.

At 9 a.m., its average trading price was 4,499 pesos, but at around 9:10 a.m., exceeded the barrier of 4,500 pesos.

It reached an average trading price of 4,500.14 pesos, 111.87 pesos above the Representative Market Rate (TRM) of the day, which is 4,388.27 pesos.

(See: Debt issues fell 66% in the first half).

Before 10 am, the currency reached 4,503 pesos and after 10:15 am, it reached the average trading price of 4,505.17 pesos.

(See: Is the end of the container crisis coming? This is the panorama).

For now, its minimum price has been 4,470 pesos and its maximum, 4,512.50 pesos.

The rise in the dollar is due to the fact that the Colombian currency was affected in the days after the first and second presidential rounds, but also the international scene is influencing her.

This is mainly due to the policies of the US Federal Reserve (FED), that is raising interest rates to curb inflation, which has repercussions in world markets and, especially, in emerging countries such as Colombia.

(See: Inflation in Colombia is at greater risk by 2023, according to experts).

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