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Today’s dollar in Colombia: How much is the exchange rate this Thursday, November 24?

The dollar price operates lower this Thursday, November 24, 2022. The TRM increased by 23.62% (931.54 Pesos) in reference to the same day of the previous year, but decreased by 0.76% (37.33 Pesos) compared to the same day of the previous month .

QUOTE OF THE DOLLAR IN COLOMBIA THIS NOVEMBER 24

The Exchange rate in Colombia for this Thursday, November 24, 2022 is 4,886 Colombian pesosaccording to data collected by the Bloomberg agency.

Colombia registered 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, reported the Government.

Let’s remember that the dollar was up amid the high gains in treasury bonds, driven by the expectation of 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 accumulates a depreciation of 7% in the last four sessions in the exchange market.

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

MAXIMUM AND MINIMUM QUOTATION OF THE DOLLAR IN COLOMBIA IN 2021

In 2021, the US dollar reached a maximum of 4,033.25 Colombian pesos, while its lowest level was 3,412.80.

Source: Elcomercio

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