Today’s dollar in Colombia: check the exchange rate for today, Saturday, March 5, 2022

The dollar price The US in Colombia operated amid rising oil prices that were reaching levels not seen in a decade due to Russia’s invasion of Ukraine, which will mean a greater influx of dollars to the countries of the region that export raw materials.

Benchmark Brent crude prices neared $120 a barrel amid a halt in Russian oil exports as traders try to avoid getting embroiled in sanctions.

“Supply-side pressures remain high as the conflict in Ukraine triggers new sanctions against Russia, which could soon extend to oil and gas.”, Ricardo Evangelista, senior analyst at ActivTrades, told the Reuters agency.

Meanwhile, the benchmark index of the Colombian stock market, the MSCI COLCAP, ended with a rise of 0.27% to 1,534.45 points in the previous day.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS MARCH 5

At the beginning of the day the American dollar is quoted at the opening 3,780.01 Colombian pesosso that it implied a drop of 1.71% compared to 3,845.92 Colombian pesos the previous day.

MAXIMUM AND MINIMUM QUOTATION OF THE DOLLAR IN COLOMBIA IN 2021

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