Dollar price in Colombia falls at the week's opening and extends its losses below $3.700

Portafolio Journalist 03.16.2026 08:30 Updated: 03.16.2026 08:30

Dollar price in Colombia falls at the week's opening and extends its losses below $3.700

TL;DR

  • The dollar price in Colombia is falling, trading below $3,700 pesos at the opening on Monday, March 16th.
  • The surge in global oil prices is a primary factor influencing the dollar's movement.
  • Geopolitical factors, including the Middle East conflict, are driving oil prices above $100 per barrel.
  • The dollar is acting as a safe-haven asset, appreciating due to the conflict, unlike the previous year's pattern.
  • Inflationary risks and the possibility of the Federal Reserve resuming or extending interest rate hikes are also contributing to the dollar's appreciation.

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