He price of the US dollar has skyrocketed after Israel's attack on Iranian territory, rising strongly against the Colombian Peso to 3,962.51, its highest price in 25 days.
USD/COP is trading at 3,943.53 at the time of writing, gaining 0.46% daily.
The Dollar soars against the Colombian Peso due to tensions in the Middle East
- The price of the Dollar has reached its highest level against the Colombian Peso since last March 25.
- The Dollar has registered a sharp increase at the beginning of Friday, when several international news agencies reported that Israel had attacked the surroundings of the Iranian city of Isfahan with drones. Investors bet on safe haven values, such as the USD.
- Today the figures will be published Colombia's trade balance for the month of February. In January, the Colombian economy recorded its largest deficit in five months.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
