Today’s dollar in Colombia: check here the exchange rate for this Sunday, May 15, 2022

The dollar price The US dollar in Colombia was operating amid a renewed global wave of risk aversion that pushed the dollar sharply on world markets.

QUOTE OF THE DOLLAR IN COLOMBIA THIS MAY 15

The price of the dollar in Colombia for this Sunday, May 15, 2022 is 4,109 Colombian pesos, according to Reuters data.

In the previous day, at the regional level, the currencies and stock markets of Latin America had disparate closings on Thursday, due to a renewed global wave of aversion to risky assets that strongly boosted the dollar in world markets.

According to Reuters, the dollar rose to a 20-year high on Thursday as concerns persisted that actions by central banks to counter high inflation would slow global economic growth, boosting the currency’s safe-haven appeal. .

Data from the Labor Department showed that initial claims for jobless benefits rose to their highest level in three months, although the labor market remains a strength of the US economy.

The producer price index slowed sharply in April to a rise of 0.5% from 1.6% the previous month, thanks in part to a sharp drop in energy products.

After the Fed raised its overnight interest rate by 50 basis points last week, the biggest hike in 22 years, investors are trying to assess how aggressive the central bank will be. Expectations are fully priced in for another hike of at least 50 basis points at the central bank’s June meeting, according to CME’s FedWatch tool.

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.