Today’s dollar in Colombia: How is the exchange rate quoted this Thursday, November 10?

The dollar price trades lower, with investors cautious ahead of US inflation data. The TRM of the day Thursday, November 10, 2022: 4,914.71 Colombian pesos per US dollar.

QUOTATION OF THE DOLLAR IN COLOMBIA THIS NOVEMBER 10

The exchange rate in Colombia for this Thursday, November 10, 2022 is 4,896 Colombian pesos, according to data collected by the Bloomberg agency.

Colombia registered an inflation of 0.93% in September, above what was expected in the market due to the increase in the prices of goods and services for the home and food, the Government reported.

Recall that the dollar was on the rise 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.