The US dollar has become a global currency used in much of the world’s financial marketssince, in addition to coming from one of the largest and most influential economies in the world, it is one of the most stable and accepted currencies in financial contexts, so its behavior influences the global economy.
And the fluctuation of the dollar with respect to the equivalence with the local currencies of the different countries of the world depends on factors such as supply, demand, investment, external debt, among other factors of each country that make its currency strengthens or devalues.
In that sense, the dollar in recent days has not experienced significant changes, but it has had a downward trend for Colombians, so experts analyze this trend and recommend buying and investing in dollars, so Here we tell you how the price of this currency started on May 23 and more economic indicators:
This is how the dollar started TODAY, May 23
The US currency began the day this Thursday, May 23, with a value below that established the previous day; Well, a opening rate of $3,826 COPa minimum value of $3,816.60 COP and a maximum equivalent of $3,825.50 COP so far this day.
On the other hand, the representative market exchange rate (TRM) was established by the Bank of the Republic at $3,829.59 COP, which means a slight increase with respect to those established in the average of the last few days. However, it should be noted that the latter is calculated based on the operations of the previous business day.
How did you open the price of the euro and the pound sterling?
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On the one hand, the euro, which is the currency used by 20 of the 27 countries belonging to the European Union and which is another of the strongest currencies worldwide, started in the Colombian market this Thursday, May 23, with a rate of $4,133.3 COP. However, it has shown a slight increase throughout the day, placing it at $4,153 COP, although it has not experienced significant changes in recent days, according to the average of the last few months of the ‘Investing’ portal, which reports on financial markets worldwide.
For its part, the equivalence of the pound sterling It is also important in terms of international trade, tourism and investment, as it is the currency officially used in the United Kingdom, one of the territories that does not require a visa for Colombians. In that sense, it started with an equivalent in Colombian pesos of $4,852.71 COP. However, throughout the day a rate of $4,874.13 COPwith an upward trend.
TODAY price of Brent and WTI oil
- Brent Oil Barrel: This oil started the day with an opening price of $81.73 dollars and as the morning progressed, there was a slight rise until reaching $82.77 dollarswith a maximum figure established of $83.76 dollars per barrel.
- WTI Oil Barrel: This oil obtained started with an opening rate of $77.29 dollars. However, as the hours passed, it increased slightly to reach the $78.45 dollarsholding a daily high of $78.56.
