Dollar Continues to Fall: Its Minimum Price Broke Below the $3,700 Barrier This Tuesday

Value of the peso against the dollar Photo: Sergio Acevedo

Dollar Continues to Fall: Its Minimum Price Broke Below the $3,700 Barrier This Tuesday

TL;DR

  • The US dollar's price against the Colombian peso decreased on Tuesday, March 10th.
  • The average closing price for the dollar was $3,710, down approximately 34 pesos from the TRM of $3,744.
  • The maximum price of the dollar reached $3,750, while the minimum price was $3,692.
  • Global markets experienced high volatility, with crude oil prices (Brent and WTI) falling over 15%.
  • The oil price drop followed a previous day's tension where oil prices neared $120 due to Middle East conflicts.