Today’s dollar in Colombia: Check here the exchange rate for this May 8

The dollar price US currency in Colombia traded as investors digested the Federal Reserve’s announcements from the day before, which favored the dollar against risk assets.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS MAY 8

The price of the dollar in Colombia for today, Sunday, May 8, 2022, is 4,084 Colombian pesos, according to Reuters data.

Earlier in the day, regionally, Latin American stock and currency markets traded across the board on Thursday as investors digested the Federal Reserve’s announcements from the day before, favoring the dollar against risky assets. .

According to the Reuters agency, the US currency rose to a 20-year high, as the sharp fall in stocks boosted demand for the currency as a safe haven, after the Fed was inclined to tighten its monetary policy more than other banks. central.

The Fed raised its reference rate by half a percentage point the day before to a range of 0.75% and 1%, the largest increase in 22 years, without ruling out another increase soon and beginning to cut its bond positions since June in their battle to reduce inflation.

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.