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
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.