The price of the dollar today: the beginning of the day with a rebound of 60 pesos – the financial sector – the economy

After the drop recorded on Monday of this week, the dollar rate on the Colombian interbank market closed its second exchange day in August with an advance of more than 67 pesos, compared to the usual rate ruling on Tuesday of 4245.99 pesos.

In fact, the average rate at which the US currency was traded in the country on Tuesday was 4,313.3 pesosAccording to the records of the electronic trading system of the Colombian Stock Exchange (BVC).

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The dollar in Colombia started this second exchange day of the week with a rebound of nearly 60 pesos. The first transaction was made on Tuesday with a value of 4,305 pesos per unit, but the US currency reached a maximum value of 4328.5 pesos. The minimum course was 4295 pesos.

As it is mentioned, at the beginning of the eighth month of 2022, the currency fell below 4300 pesos and took the representative market price (TRM) to the levels of 4245.99 pesos, but this Tuesday the currency recovered and again maintained that psychological level at 4300 pesos.

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for this part, The price of a barrel of Brent crude oil for October delivery fell below $100 on Tuesday when it was traded on the London futures market at $99.38. A decrease of 0.64% compared to the close of the previous session.

In recent days, North Sea oil, a benchmark in Europe, fell on fears of slowing demand, after China – the world’s largest importer of crude oil – reported worse-than-expected industrial activity.

Added to this is investor concern about possible economic weakness in many countries, which could weaken the demand for black gold. This week, the market is waiting for a new meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its main partners (OPEC +), where the scheduled timetable for increasing their joint production will be evaluated.

Economy and Business
With information from EFE

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