The US dollar rose against the Colombian peso on Monday, hitting a two-day high of 4,246.90 after testing a daily low of 4,173.50.
He USD/COP It is trading at around 4,226.66 at the time of writing, gaining 1.16% so far today.
Colombian Peso Loses Momentum Despite Good Economic Data From Colombia
- Today the data has been published Colombia’s industrial production for the month of July, showing a year-on-year growth of 2% after falling 4.8% in June. This is the first rise in the indicator after two consecutive months of declines.
- The National Administrative Department of Statistics (DANE) has also revealed the figures of July year-on-year retail sales rose 1.6% after falling by 1.5% in the previous month. This is the largest increase recorded by the indicator since November 2023.
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.
