The price of the US dollar in Colombia is trading lower this Thursday, due to a recomposition of investor portfolios after the announcements of the US Federal Reserve were in line with expectations, which caused a general fall in the dollar.
QUOTATION OF THE DOLLAR IN COLOMBIA THIS JUNE 16
The price of the dollar in Colombia for this Thursday, June 16, 2022 is 3,897 Colombian pesos, while the benchmark index of the stock market, the MSCI COLCAP fell 2.51% to 1,463.55 points
At a regional level, the markets of Latin America closed sharply higher on Wednesday, due to a recomposition of investor portfolios after the announcements of the US Federal Reserve were in line with expectations, which caused a general fall in the dollar.
According to the Reuters agency, the Federal Reserve raised its target interest rate by three-quarters of a percentage point – the highest rise since 1994 – to curb a rebound in inflation, while projecting a slowdown in the economy and a rise in unemployment. in the coming months.
“What happened was to buy dollars with the rumor in recent days and sell today with the announcements, which were very much in line with what the market had anticipated,” said an operator in Bogotá.
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
Source: Elcomercio
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