Home » Dollar Exchange Rate Hoovers Near $4,000 Barrier in Colombia: Latest Updates and Projections

Dollar Exchange Rate Hoovers Near $4,000 Barrier in Colombia: Latest Updates and Projections

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Dollar Exchange Rate Hoovers Near $4,000 Barrier in Colombia: Latest Updates and Projections

The value of the dollar in Colombia has been closely monitored in recent weeks, with fluctuations between $3,909 and $3,949. Despite some increases in February, the US currency saw a slight drop last Tuesday and Wednesday, averaging at $3,930 pesos.

As of February 29, the dollar began trading at $3,928 but has since seen an upward trend, reaching a maximum of $3,935.34 and a minimum of $3,928. The Representative Market Rate (TRM) stands at $3,933.56, a decrease from the previous day.

Analysts predict that the dollar’s value will continue to hover near the $4,000 mark in the coming weeks, as no significant changes are expected from central banks until the end of March. Stay tuned for further updates on the currency market in Colombia.

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