Today’s dollar in Colombia: check here the exchange rate for this Monday, June 20, 2022

The price of the US dollar in Colombia operates on the rise this Monday, due to the fact that the preference for the dollar was maintained amid global risk aversion due to concerns about the world economy.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS JUNE 20

The price of the dollar in Colombia for this Monday, June 20, 2022 is 3,904 Colombian pesos, and in the stock market, the benchmark MSCI COLCAP index fell 1.3% to 1,454.02 points, with cautious agents two days after the presidential elections.

At the regional level, the exchange and stock markets of Latin America closed a week of losses on Friday, due to the fact that the preference for the dollar was maintained amid global risk aversion due to concerns about the world economy.

According to the Reuters agency, the impact extended to the raw materials market, with a drop of around 6% in oil prices, an important generator of foreign exchange for many countries in the region.

“This is how the moderation of the prices of metals such as copper or the student affect the price of currencies in Chile and Peru. In the same way, a decline in oil prices affects the behavior of the Mexican and Colombian currencies,” explained David Cubides, chief economist at the Alianza brokerage.

“On the other hand, the increase in the risk premium also partly explains the depreciation of the region’s currencies so far in June. Additionally, Brazil and Colombia must be added the uncertainty that the electoral process continues to generate, ”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.