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Today’s dollar in Colombia: check here the exchange rate for this April 13

The price of the US dollar in Colombia operated this Wednesday, after some assets erased initial gains after a recovery of the dollar, with investors digesting a high inflation data in the United States, but lower than expected by many market agents.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS APRIL 13

The price of the dollar in Colombia for this Tuesday, April 13, 2022 is 3,753 Colombian pesos, according to data from Bloomberg.

In the previous day, at a regional level, Latin American markets closed on Tuesday mixed, after some assets erased initial gains after a recovery of the dollar, with investors digesting a high inflation data in the United States, but lower than expected. expected by many market agents.

According to the Reuters agency, this was added to the comments of the Governor of the Federal Reserve, Lael Brainard, that there were some “welcome” signs of cooling in the latest reading of inflation, but stressed that the central bank continues with a series of interest rate hikes, as well as an effort to cut back on its asset portfolio.

The Labor Department said the consumer price index (CPI) rose 1.2% last month and the biggest monthly gain since September 2005, compared to a 0.8% rise in February.

“March’s inflation reading continues to strengthen the case for an aggressive Fed tightening,” said a note from the Equities and Securities brokerage.

“In a context of escalating prices, the Fed’s new aggressive stance is likely to force an acceleration in the pace of monetary policy tightening,” said Ricardo Evangelista, senior analyst at ActivTrades.

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.

Source: Elcomercio

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