Price of the dollar in Colombia today May 20: The Colombian peso rises for the tenth consecutive day, touching maximums of a month and a half

He Colombian peso records profits for the tenth consecutive day this Tuesdayafter reaching Monday its highest level since April 4.

The USD/COP moves in a narrow rank this Tuesday between a daily maximum of 4,183.37 and a Minimum of the day at 4,162.65, very close to the ground of a month and a half reached yesterday at 4,159.42.

After the American opening, the price of the dollar against the Colombian peso quotes about 4,169.00, losing a slight 0.02% in what we have been working on.

Colombia reduces its monthly deficit in March, although it increases in the first quarter of the year

• Colombia published its commercial balance figures yesterday, showing a deficit of 897 million dollars in March compared to 1,241 million February deficit. At the quarterly level, and in interannual terms, the Colombian economy registered a deficit of 3,417 million dollars between January and March, much higher than 2,496 million deficit of the same period of 2024.
• On the other hand, The dollar is still affected by the reduction of the credit assessment of the sovereign debt of the United States On the part of the Moody’s agency, which on Friday announced after the closure of the markets that reduced its AAA1 rating.
• Several members of the United States Federal Reserve will speak in the next few hours, being able to move the contribution of the USD/COP. Adriana Kugler, a member of the Board of Governors of the FED, Alberto Musalem, president of the Fed of Sant Louis, Beth Hammack, president of the Fed of Cleveland, Raphael Bostic, president of the Fed of Atlanta, and Mary Daly, head of the Fed of San Francisco, will be spoken.