Amid the risk aversion of assets, as well as the opening of the presidency by Gustavo Petro, dollar in Colombia Trade this Sunday August 7Price: 4,317 pesos Colombians.
This is the new value dollar in Colombia It is lower than what was obtained on Saturday, August 6, when the US currency was priced at 4,337.28 pesos. Colombianswhich translates to a drop of up to 20 pesos.
this week dollar Several Latin American markets closed higher, as the region’s stock market showed erratic behaviour, with many declines and rises in different regions of the region.
The world economy is going through a difficult time, because in addition to the coronavirus epidemic from which there is still no stable recovery, and the war that Russia is still fighting with Ukraine, the conflicts between China and Taiwan must now be added after the visit. US House of Representatives Speaker Nancy Pelosi to the Asian island.
Currency devaluation worries the rulers of Latin American countries, who are struggling to maintain a balance in their economy; Gustavo Petro will take office this weekend and will do so with this problem as one of the main issues to be resolved in a short time.
Many experts claimed that dollar It will continue to be unstable for the rest of the year, all due to inflation in the market. Even with this diagnosis, GDP is expected to increase its value by up to 6 percent by the end of 2022, or by the first quarter of next year.
Markets around the world are also watching the US non-farm employment numbers. One surprise that wrapped up the week’s day was that the Bank of England achieved its maximum rate increase in 27 years, seeking to stem the more than 13 percent inflation that is choking it.
Crude oil prices will increase in August in ColombiaThis is despite the fact that rumors of an economic recession are starting to fade.
This comes in response to the fact that the Organization of the Petroleum Exporting Countries agreed this week to raise its oil production target by 100,000 barrels per day for the month of September.
The increase in production is a way to respond to the sanctions imposed on the export of Russian oil, which will enter into force in December of this year; Europe will have to worry about a cold snap approaching, because it will need fuel for its heating systems.