The dollar price continues to rise to numbers not seen before so far in 2022; East sunday july 10 the North American currency has started with a value of 4,388.27 pesos Colombians.
The number of this July 10th is very close to the maximum value that the dollar in the year, which curiously occurred only a few days ago, with a value of 4,390.46 pesos Colombians.
For several weeks, new records have been reached in the value of dollar, with up to five new highs so far this year. Fears of global inflation continue to mount.
“The potential recession in developed economies has generated in recent days an expectation of lower demand for commodities, which has pushed prices down and this decline has raised the dollar in all countries like ours,” explained the director of Analysis and Strategy of the commission agent Casa de Bolsa, Juan David Ballén.
As for the United States, the country of the stars and stripes also lives with a concern about inflation, since inflationary pressures show no intention of easing in the near future.
The increase in the cost of raw materials and the various effects on the logistics chain have affected its indicators, which continue to slow down and production in different sectors continues to plummet.
The heads of the US Federal Reserve reiterated that they will continue to raise interest rates to fight the recession, this according to what was stated in their last meeting last month.
JAP