[ad_1]
Although the currency was in several sessions this year at over 3,200 pesos, the price Monday became the highest level reached since March 2, 2018, while it stood at 3,268 pesos.
This occurred even as the price of oil rose Monday in international markets (the main determinant of the exchange rate in Colombia), which led her to recover $ 60 per barrel in the reference Brent.
The currency had a clear upward trend; already having opened at 3,228.9 pesos on the interbank market and having a minimum of 3,221 pesos, the highest price of the day was 3,248.73 pesos, with an average of 3,240.84 pesos.
Because of this situation, the representative market rate on Tuesday is 3,240.65, a level that was not observed nearly 34 months ago.
For their part, oil prices rose by almost 3%, partly recovering some of what was lost in the previous session, although this advance was limited by the uncertainties surrounding global economic growth and economic growth. new signs of increased supply, including rising prices. record production in Saudi Arabia.
On that day, Brent crude futures added $ 1.68, or 2.9%, to $ 60.48 a barrel, while the West Texas Intermediate (WTI) benchmark earned $ 1.21, or $ 2. , 4 percent, at $ 51.63 a barrel.
Crude prices were supported by a rebound in US stocks due to the launch of Cyber Monday, the main online sales day of the year in this country.
ECONOMICS AND BUSINESS
* With Reuters information
[ad_2]
Source link
