Today’s dollar in Colombia: check here the exchange rate for this Tuesday, May 31, 2022

The dollar price The US currency in Colombia operates stable this Tuesday, while the appetite for risk in the markets strengthens timidly, due to the impulse of the encouraging economic data and bets that the Federal Reserve (Fed) will adjust its monetary policy with a moderate rhythm.

The price of the dollar in Colombia for this Tuesday, May 31, 2022 is 3,810 Colombian pesos, according to data from Bloomberg.

Risk appetite in the markets strengthened tentatively, supported by encouraging economic data and bets that the Federal Reserve will adjust its monetary policy at a moderate pace.

According to Reuters, the markets of the United States remained closed on Monday for the commemoration of Memorial Day and in Colombia they did not meet either due to a religious holiday.

On the other hand, risk aversion decreased after Shanghai announced the end of the confinement by COVID-19, which lasted two months, which will allow the inhabitants of the largest Chinese city to leave their homes.

In 2021, the US dollar was exchanged at a maximum of 4,033.25 Colombian pesos, while its lowest level was 3,412.80.