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Dollar in Colombia Back Down: Market Is Pending the New Budget for 2027
Summary
Image generated with AI by Gemini. The dollar in Colombia started on Tuesday August 18 at $3,138, which is $5 less when compared to last Friday’s closing. At the moment, the minimum price of the US currency is $3,133, while the maximum value reaches 3,138. With this, the average price of the dollar in Colombia lands at $3,134 which is $6 less when compared to the representative market rate reported by the Financial Superintendent. At the local l…
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Jackeline Piraján, senior economist at DaviBank. Photo: Valora Analitik. Despite the fact that the dollar in Colombia has shown a downward trend, reaching recently levels close to $3,100 or $3,200, economic models suggest that the country is not currently in a balance that justifies maintaining those prices in the long term. This drop of almost $1,000 from its previous peaks is explained by a combination of factors and although there is concern …