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

The price of the US dollar in Colombia operates lower this Wednesday, with investors accommodating their portfolios on the eve of the Federal Reserve’s announcements, which point to a more restrictive monetary stance amid the clouds over the world economy.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS JUNE 15

The price of the dollar in Colombia for this Wednesday, June 15, 2022 is 3,968 Colombian pesos, after four consecutive downward sessions; while the benchmark index of the stock market, the MSCI COLCAP, rose 1.12% to 1,501.18 points.

At a regional level, the currency and stock markets of Latin America closed Tuesday with losses, with investors adjusting their portfolios on the eve of the announcements of the Federal Reserve, which point to a more restrictive monetary stance amid the clouds over the worldwide economy.

According to the Reuters agency, analysts and operators are leaning towards the Fed announcing a 75 basis point rate hike on Wednesday and now estimate that the cycle will hit a maximum of 4%, instead of the 3% that was projected last month. past, which is pushing agents to take refuge in safer assets.

“The prospect of a much more aggressive stance by the Federal Reserve, as well as other central banks, weighs heavily on riskier assets,” said Pierre Veyret, technical analyst at ActivTrades.

“Investors fear that these policies could seriously jeopardize global economic prospects, already pressured by geopolitical issues, the virus situation in Asia and ongoing inflation, while recession sets in in the medium to long term in many areas,” he added.

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.