“Dollar Exchange Rate in Colombia: Latest Updates and Trends”

2023-05-29 18:22:30

Finance

By:

Briefcase








May 29, 2023 1:26 p.m. m.

The dollar in Colombia started the week with losses, amid Next Day operations for the US holiday.

According to the Stock Market, The foreign currency closed this Monday, May 29, at an average price of $4,427 that is, it yielded 34 pesos against the Representative Market Rate, which was $4,461.

According to the BVC report, the maximum price that the US currency reached in the day is $4,442, while the minimum was $4,414.

At the close of last week, the currency was below the $4,500 level, after several days of high volatility.

The operations Next Day They are a mechanism that allows negotiations for the purchase and sale of dollars with a compliance period of one or two days, which means that if an operator makes an operation this Monday, he will receive the transaction on Tuesday or Wednesday depending on the characteristics of the negotiation.

BRIEFCASE

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