TRM today: the price of the dollar today, July 13, 2022 in Colombia | Finance | Economie

for the first time in several days, dollar in Colombia recorded losses, Which made him fall off 4600 pesos. However, the price of the coin is still high.

(See: Expect a Mild Recession in the US in 2022.)

Although the day started with slight increases, around 20 pesos and opened at 4,649 pesos, by 11 am its value was declining.

Before noon, the currency was trading on average at 4,584.38 pesos, 43.08 pesos below the representative market rate for today, That was 4,627.46 pesos.

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

After 11:20 AM, the coin continued to decline and was trading on average at 4579.19. In the end it ended with an average price of 4557.45 pesos, 70.01 pesos less than TRM.

The highest value of the dollar was this Wednesday 4670 pesos, while the lowest It was 4,479 pesos.

So far in 2022, the peso has depreciated by 16.23% against the dollar. In the past 12 months, the decline was 21.01%.

In addition, on Wednesday the 13th of this month, US inflation for June 2022 was announced. The data was 9.1%, the highest recorded in more than 40 years.

(See: Latin American countries with the worst devaluations against the dollar in 2022.)

This situation will affect the price of the currency since then The US Federal Reserve (FED) raised interest rates to curb inflation, Which has repercussions in global markets, especially in emerging countries such as Colombia.

Added to this effect is that dDecisions are made by the president-elect, Gustavo Petro.

(See: Annual inflation through June in the US was 9.1%.)

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