This Monday August 1 The dollar It started its day at the opening at 4252.60 pesos Colombianswhich means a change in its value of 0.58 percent if we compare it to yesterday’s session, as it was shown at about 4,277.60 pesos Colombians.
Taking into account the data from the past seven days, there is a decrease of 4.78 percent from before dollar in Colombiamaintaining a rise of 12.88 percent during the year.
These numbers appear before dollar They’re one more downfall so far this week, ever since, with today’s session August 1, already adds five consecutive days of decline. Recently, the price has shown fewer changes than we are used to seeing.
This year in Colombia, the dollar was paid a maximum of 4,400 Colombian pesos just two days ago; While the trend was to the downside, the minimum value was 3,702.75 COP.
Inflation that appeared in the market Colombia He would have been responsible for maintaining the upside throughout the month of July, which just ended, as he put his index at around 10 percent, raising his forecast for the remainder of 2022. According to studies, consumer prices in Colombia It would have risen last month by as much as 0.60 percent.
The dollar in Colombia This new month of August started on the downside, all while waiting for the real effects that a technical recession in the US might bring. Of course, no significant effects are expected in the labor market due to the economic collapse,
The price of a barrel of Brent crude for October delivery fell 8.3 percent this month in the London futures market, due to demand after the release of pessimistic data in China.
The economic slowdown in China, affected by the Covid-19 epidemic, is making investors fear a drop in energy demand in the world’s largest consumer.
This makes the meeting to be held by the Organization of the Petroleum Exporting Countries on Wednesday even more important to see how the issue of production in September will be addressed.