
The trend since June for the dollar has been downward.
The trend since June for the dollar has been downward.
On average, the US currency trades only 4 pesos below today’s TRM.
Find the validation of The Lie Buster at the end of the news.
A new decline in dollar price It is registered this Wednesday in the Colombian exchange market, which joins those observed in recent sessions and which place the US currency at average levels of 3,987 pesos at the beginning of the day. The fall is only 4 pesos compared to the representative market rate (TRM) of 3,991.15 pesos in force for today. The first operation of the day was made at 3,990 pesos.
(Also read: Despite the fact that the dollar is low in the internal situation, it is $300 over the fair price: analysts)
The confidence of investors, who are already discounting lower fiscal impacts of the reforms that the government is advancing, is attracting more capital to the country, which has caused the Colombian peso to register a value of more than 17 percent against the US currency.
In the first half hour of operations in the Colombian exchange market, the cost of the dollar has fallen to a minimum of 3,980 pesos, that is, 11 pesos less than the TRM in force for this Wednesday.
(You may also be interested in: Dollar is trading again at a price that has not been seen for almost 13 months)
Felipe Campos, Investment and Strategy Manager at Grupo Alianza, points out that the dollar is falling faster in 2023 because last year «Investors were uncertain about a country that could undergo many structural changes.»
The regional elections scheduled for the end of October may also have an effect on the behavior of the US currency in the country, «if there is a breather for the government and a recovery of presidential approval,» says Campos.

Customize, discover and inform.
Receive the best information in your mail of national news and the world
there is an error in the request
my portals
you reached the content limit of the month
Enjoy the content of DIGITAL TIME unlimited. Subscribe now!
* COP $900 / month during the first two months
We know that you like to always be informed.
Create an account and you can enjoy:
- Access to newsletters with the best current news.
- Comment the news that interests you.
- Keep your favorite items.
Create an account and you can enjoy our content from any device.