The dollar in Colombia started the year with a gain of $74 and closed at $3,896

01/02/2024

The dollar average closed at $3,896, an increase of $74.11 compared to the representative market rate (TRM), which closed at $3,822.05; This, driven by a rise in Treasury bond yields, has focused on US employment data, in addition to this week’s European inflation data, which highlights the next movements of central banks.

The uptrend continued during the day, reaching a maximum of $3,918.00 and a minimum of $3,874.30. At the close, 1,303 transactions were made with a negotiated volume of $817,965,000.

The Japanese Yen, Euro, Brazilian Real and Brazilian Peso presented negative changes today, the Japanese currency closed with a change of -2.6010%.

oil dealing

Variation in oil has been recorded due to the conditions experienced in the Red Sea. The US-led coalition aiming to reduce tensions in the Red Sea has so far failed to take coordinated action as planned.

Due to this, oil prices fell by about 2% as major shipping companies began to return to the Red Sea.

The US WTI crude oil futures contract fell US$1.03, or 1.4%, to US$73.08 a barrel. On Wednesday, oil prices fell about 2% as major shipping companies resumed activities in the Red Sea.