Today’s dollar in Colombia: check here the exchange rate for this Monday, June 27, 2022

The price of the US dollar in Colombia operates on the rise this Monday, due to expectations that the fall in the price of raw materials can curb inflation and relax the rise in interest rates.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS JUNE 27

The price of the dollar in Colombia for this Monday, June 27, 2022 is 4,137 Colombian pesos, according to data from the Bloomberg agency.

Regionally, Latin American currencies were mixed on Friday as stock markets posted gains on expectations that falling commodity prices could curb inflation and ease interest rate hikes. interest.

According to the Reuters agency, the week has been marked by sharp falls in raw materials due to concerns that the world economy will falter and that interest rate hikes will hurt growth, which in turn is leading traders to cut inflation expectations and reduce some bets on the size of the hikes.

“Inflation will remain elevated and above target, but it is increasingly likely to start to peak in the coming months,” said Andrew Hardy, investment manager at Momentum Global Investment Management. “Markets could take it reasonably well – there is potential for recovery later in the year.”

Also, the dollar index, which measures the greenback against a basket of six major currencies, retreated and headed for its first weekly decline in June as traders reduced their bets on where interest rates might peak. interest.

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.