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Today’s dollar in Colombia: How is the exchange rate quoted this Wednesday, October 26?

Today’s dollar in Colombia: How is the exchange rate quoted this Wednesday, October 26?

Today’s dollar in Colombia: How is the exchange rate quoted this Wednesday, October 26?

The dollar price in Colombia it starts today at $4,926, approaching once again to meet the predictions of some experts who put it on the barrier of 5,000 pesos. The minimum price of dollar has been $4,926 and the maximum reaches $4,934..

QUOTATION OF THE DOLLAR IN COLOMBIA THIS OCTOBER 26

The TRM for this October 26 is at 4,948 pesos. Its purchase in exchange houses is at $4,720, while its sale is at $4,880.

The dollar remains higher amid high gains in treasuries, fueled by expectations about monetary policy by the Federal Reserve and the sovereignty it has at the moment.

In the local market, the uncertainty of the agents goes back to comments made in recent weeks by President Gustavo Petro, regarding a transitory tax to prevent the outflow of speculative capital and, in turn, the criticism he made of the rate adjustment policy. interest from the Central Bank.

The Colombian peso has accumulated a 7% depreciation in the last four sessions in the foreign exchange market.

According to the Bank of the Republic, “The representative market exchange rate (TRM) is the amount of Colombian pesos per one United States dollar. The TRM is calculated based on the purchase and sale of foreign currency between financial intermediaries that trade in the Colombian exchange market.with fulfillment the same day when the currency trading is carried out”.

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.

HOW IS THE EURO TODAY, TUESDAY, OCTOBER 25?

The euro is quoted this Tuesday in the country at $4,932, having a hard climb based on the previous day.

Source: Elcomercio

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