Today’s dollar in Colombia: check here the exchange rate for this April 27

The price of the US dollar in Colombia operated this Wednesday, amid a global wave of risk aversion due to concern about the world economy.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS APRIL 27

The price of the dollar in Colombia for this Wednesday, April 27, 2022 is 3,944 Colombian pesos, according to Reuters data.

On the previous day, at the regional level, the stock markets and most of the Latin American currencies chained their second consecutive day of heavy losses on Tuesday, amid a global wave of risk aversion due to concern about the world economy. .

According to the Reuters agency, the prospect of a tightening of financial conditions due to the war in Europe and a more aggressive Federal Reserve, along with concerns about a slowdown in China’s growth, are the main risks for Latin America and the Caribbean and that require action, the International Monetary Fund said on Tuesday.

“Rising global and domestic financing costs may accelerate capital outflows and pose a challenge for the region, given the large public and external financing needs in some countries,” the IMF said in a blog post. .

Also, the dollar soared to a two-year high as concerns about slowing growth in China and expectations that the Federal Reserve will hike rates aggressively boosted demand for the greenback.

The dollar index that compares the greenback against a basket of six major currencies rose 0.61% to 102.30, the highest since March 2020.

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.