Dollar lost ground and closed this Wednesday below $4,700

Dollar lost ground and closed this Wednesday below $4,700

Finance

The US currency pared strong gains from the previous session.

Dollar

Dollar.

BY:

mayo 03 de 2023 – 09:23 a. m.

2023-05-03

2023-05-03

After a sharp rise last day, The dollar in Colombia fell again this Wednesday below $4,700and thus cut the gains obtained in the session on Tuesday.

According to the Stock Market, the US currency lost 46 pesos, closing at an average price of $4,667, compared to the TRM of the day, which was $4,713.

Both the minimum and maximum price were below $4,700. While the minimum is $4,620, the maximum reaches $4,691.

On the previous day, both the Colombian peso and the local stock market suffered sharp falls due to the uncertainty due to the decisions of the Fed, which this Wednesday will decide the course of interest rates and the comments of President Petro on his policies in the country. .

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