The price of the dollar in Colombia skyrocketed, a good opportunity to sell

The price of the dollar in Colombia skyrocketed, a good opportunity to sell
The price of the dollar in Colombia skyrocketed, a good opportunity to sell

The dollar would again gain ground against the Colombian peso due to monetary policies in the US, and reforms proposed by Petro – credit Shutterstock

The price of the dollar in Colombia recently exceeded $4,000, reaching $4,021 on June 12. This increase represents an increase of $27 compared to the market closing (Wednesday, June 12) which left the Colombian currency with a value of $3,994 per dollar.

The last time the US currency had crossed this barrier was on November 30, 2023, when it was quoted at $4,034.

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This increase in the value of the dollar opens a window of opportunity for investors who wish to sell their dollars taking advantage of the higher value.

With the rise in the price of the dollar, Experts suggest that it could be a good time to carry out these operations and obtain additional profits.

The price of the dollar in Colombia surpassed the $4,000 barrier, reaching $4,021 on Wednesday, June 12 – credit Jesús Avilés/Infobae

Meanwhile, exchange houses in Colombia have remained active in recent days due to this economic phenomenon, as reported by local media Portafolio.

The fluctuation in the price of the dollar can be attributed to several macroeconomic factors, including exchange rate policies and the global economic situation. Financial analysts recommend investors evaluate their selling strategies based on market trends and future projections of the US currency.

The news comes in a context of economic recovery in several sectors, which can influence currency decisions at both the individual and business levels.

 
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