The price of the US dollar in Colombia is trading lower this Friday, amid a lower aversion to risky assets that translated into a decline in the dollar in global markets.
QUOTATION OF THE DOLLAR IN COLOMBIA THIS AUGUST 5
The price of the dollar in Colombia for this Friday, August 5, 2022 is 4,286 Colombian pesos, according to data from the Bloomberg agency.
At a regional level, most Latin American currencies were trading higher on Thursday, while stock markets in the region exhibited a mixed performance, amid lower aversion to risky assets that translated into a decline in the dollar in global markets.
According to the Reuters agency, the dollar fell against most major currencies, at a time when the positive impact of the Federal Reserve’s comments was fading and investors were waiting for more signs on the data front to confirm that More rate hikes are coming to curb inflation.
The Bank of England made the biggest rate hike in 27 years, despite warning of a long recession looming, as it scrambles to stifle a surge in inflation already above 13%.
The markets were attentive to news about the tension created between China and Taiwan after the visit made to the island by the president of the United States House of Representatives, Nancy Pelosi, and awaiting figures on non-agricultural employment in the United States that will be released to meet on Friday.
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.