Dollar in Colombia closed the week below $3,700: lost 110 pesos between Monday and Friday
US dollars Photo: Engin Akyurt - Unsplash
TL;DR
- The US dollar in Colombia closed the week below $3,700, showing significant volatility.
- The currency depreciated by 110 pesos between Monday, March 9, and Friday, March 13.
- This fluctuation occurred in an international context of market volatility and rising oil prices due to Middle Eastern tensions.
- The average closing price of the US dollar was $3,685, a decrease of 15 pesos from the TRM of $3,700.
- The maximum price reached was $3,715.50, and the minimum was $3,650.00.
- WTI crude oil prices increased by 3.1% to $98.71 per barrel, influenced by the closure of the Strait of Hormuz.