“Dollar in Colombia: Trending News and Factors Affecting its Price Today”

2023-05-13 15:24:01

This Saturday, May 13, the dollar is listed on the stock market at $4,563. A price similar to the opening of the previous day. The currency closes the week with a downward trend. Compared to the Representative Market Rate (TRM), the price for today is almost the same. This was established at $5,564 for the weekend, according to the daily report of the Financial Superintendence.

The maximum trading price for May 12 was $4,561 and the minimum was $4,561. The average cost for the sale is $4,300 and $4,440 respectively. Remember that these values ​​are obtained from an average among all the exchange houses, so they might increase or decrease depending on the place where the transaction is made.

What factors affected the price of the dollar in Colombia?

According to the analysis of Valora Analitik, The inflation figures registered both nationally and internationally affected the value of the dollar. It was learned that in Brazil the figure fell to 4.18%. This is one of the lowest figures recorded in the last two and a half years.

On the other hand, in Colombia, DANE reported performance figures in industries and commerce. The real production of the industry fell 2% in the month of April, like real sales in general decreased 3.1% and those of retail trade decreased 7.1%.


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