2023-07-02 17:30:55
The price of dollar in Colombia this sunday july 2 is 4,155 Colombian pesosthat in comparison with the previous day of Saturday 1, the North American currency shows a somewhat considerable loss of regarding 13 pesos, when the currency was quoted at 4,168.00 at the beginning of the day.
The month of June closed with a North American currency at 4,186.34 pesos, returning to the unstable performance that it had presented in the first days of the last month, and with a value quite far from what was obtained today, with more than 30 pesos above. During the course of the month of June, the state experienced by the dollar throughout the year, with ups and downs that show its volatility during 2023.
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A couple of months ago, the dollar had remained within the limits of 4,500 and 4,400 pesosbut during the four weeks of June these values have been affected and their price has decreased notably, barely exceeding 4,100 pesos for several consecutive days.
It is important to remember that if the price of the dollar continues to drop, those people in charge of importing food will be able to do it more economically, so the prices in the market would be much lower than what has been handled in recent months, marking a positive trend in the economy of the country homes.
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“To the good dynamics of the Colombian peso throughout the year, in addition to the recent rise in the dollar Worldwide. We were the only dollar that ended up going down. Investors have spent six months making money in Colombia both in TES and in currency. And as we said when Ocampo left, they continue to use the periods of internal panic to continue buying,” said the Investment and Strategy Manager at Alianza Valores, Felipe Campos.
He also commented that the dollar seems to lose further momentum in Colombiasomething that is happening for the first time since Gustavo Petro became the nation’s president.
Another reason why the dollar has been losing ground at the international level has to do with the agreements in the United States related to debt limits, something that is causing the confrontation between the powers of the North American nation, which is causing a political crisis in the country.
JAP
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