This Thursday, November 24, the currency opened the market at 4,885 pesos, but at the end of the day it was at $4,890 pesos. Comparison with the price of Wednesday, the price of the dollar rose more than $10 pesos.
During this Thursday, a holiday in the United States, there were no major changes in the price of the dollar during the session, although the market led it to close with a slight rise. In addition, the price is expected to increase in Colombia by the next day or the next day.
The dollar in Colombia closed this Wednesday, November 23, at 4,876.02 pesos, according to the monitoring of the Bank of the Republic. Which means that it remained lower, compared to the TRM today, which was 4,914.34 pesos.
The lowest price at which the US currency was during the day on Wednesday was 4,872.95 Colombian pesos, while the highest price reached 4,883.11 Colombian pesos.
Regarding the Representative Market Rate (TRM today) set for this Thursday, November 24, is $4,875.91, according to the daily report of the Financial Superintendence.
TRM today: follow the price of the dollar, LIVE, today, Thursday, November 24
The euro rises following disappointing US economic data
The euro rose strongly this Wednesday, to its maximum value once morest the dollar for five days, following the release of disappointing US economic data.
The euro was exchanged around 16:00 GMT at $1.0370, compared to $1.0275 in recent hours. of the European negotiation of the foreign exchange market of the previous day.
The European Central Bank (ECB) set the reference exchange rate of the euro at 1.0325 dollars.
LThe activity of the manufacturing sector and the US service sector contracted sharply in November, according to S&P Global.
The dollar fell sharply following the publication of these data and the euro shot up to its intraday high.
In addition, grant applications unemployment rose in the US last week by 17,000, up to 240,000 applications, more than expected.
Consumer confidence worsened in the US in November, but less than expected, while new home sales rose in October, despite forecasting a drop.
SHowever, the economic contraction in the euro zone moderates in November and price pressures are easing, according to S&P Global.
The flash of the composite index of total activity in the euro area, in the services and manufacturing sectors, it stood at 47.8 points in November (47.3 points in October), registering its highest in the last two months.
The single currency was changed into a band of fluctuation between 1.0298 and 1.0371 dollars.
It may interest you: How does the rise in the dollar affect Colombians?
