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Today’s dollar in Colombia: check the exchange rate for this Monday, February 7, 2022

Lima, February 7, 2022Updated on 02/07/2022 10:42 am

The dollar price in Colombia it operated on the rise in the session on Monday, after a solid labor data in the United States that is key for the monetary policy decisions of the Federal Reserve (Fed).

The , a level lower by 0.43% than the previous day, according to data from the Reuters agency.

For its part, in the Colombian stock market, the benchmark MSCI COLCAP index rose 0.59% to 1,525.19 points on the previous day.

The US Department of Labor said on Friday that 467,000 jobs were created in the first month of the year, more than expected, compared to 510,000 in the previous month. A Reuters poll of 92 economists had forecast job creation to fall to 150,000.

While the overall earnings picture in the world’s largest economy remains strong, Fed tightening concerns linger”, indicated a note from the Acciones y Valores brokerage, in Bogotá, quoted by the aforementioned agency.

In 2021, the US dollar was exchanged at a maximum of 4,033.25 Colombian pesos, while its lowest level was 3,412.80.

Source: Elcomercio

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