Today’s dollar in Colombia: check here the exchange rate for today, April 3

The price of the US dollar in Colombia was operating after a global rebound in the dollar and a sharp decline in oil prices due to a massive release of US reserves that affected energy companies.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS APRIL 3

The price of the dollar in Colombia for this Sunday, April 3, 2022 is 3,774.79 Colombian pesos, according to Reuters data.

In the previous day, at the regional level, the currencies and stock markets of Latin America registered an uneven closing after a global rebound in the dollar and a sharp drop in oil prices due to a massive release of United States reserves that affected the energy companies.

According to the Reuters agency, crude oil prices fell on Thursday, when the United States announced the release of 180 million barrels from its Strategic Petroleum Reserve, the largest outflow in its almost 50-year history.

“Desperate times call for desperate measures and clearly the Biden administration believes that the rebound in oil prices justifies this move to access the country’s emergency supplies,” said Susannah Streeter, an analyst at Hargreaves Lansdown.

Meanwhile, the dollar index, which compares the currency against a basket of six currencies, recovered from the sharp drop suffered the day before and rebounded around 0.5%.

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.