Dollar closes at $3,439.85 in Colombia amid US holiday

The US currency closed lower Friday at $3,439.85 in Next Day trading, influenced by the Juneteenth holiday in the United States and upcoming presidential elections.

The currency closed at $3,439.85, representing a drop of $19.68 from the TRM of $3,459.53. During the session, 620 transactions were carried out for a total of $521 million, with a low of $3,425 and a high of $3,466.

"The expectation is still focused on the results of Sunday's presidential elections," said Mauricio Acevedo, currency and derivatives strategist at Corficolombiana. The vote pits opposing proposals from candidates Iván Cepeda and Abelardo De La Espriella.

Internationally, the dollar strengthened as operators reassessed expectations regarding the Federal Reserve. Talks between the US and Iran were suspended due to clashes in Lebanon.

Makala yanayohusiana

Illustration of rising dollar exchange rate to 1460 with financial charts and currency notes.
Picha iliyoundwa na AI

Official dollar closed the week higher and reached $1,460

Imeripotiwa na AI Picha iliyoundwa na AI

The official retail dollar closed at $1,460 on Friday, June 5, while the wholesale exchange rate rose $3.50 to $1,440.

The dollar closed Monday at 3,581.45 pesos in Colombia, down 6.64 pesos from the representative market rate, two weeks before the presidential runoff.

Imeripotiwa na AI

The US dollar closed higher against the Colombian peso at $3,576.10, up $2.80 from the TRM of $3,573.30. The rise followed a new government repurchase of global bonds, the third in the past year. Meanwhile, crude oil prices fell amid expectations of US-Iran peace talks.

The dollar blue closed higher on Monday April 27, rising $10 in the week's first trading session. According to Perfil, it quoted at $1.410 for buying and $1.430 for selling. Other financial dollars also showed variations.

Imeripotiwa na AI

The Mexican peso closed the Friday session with gains against the dollar. The move came amid greater risk appetite in international markets due to expectations of a possible agreement between the United States and Iran.

The Mexican peso ended the session up 0.15% against the dollar at 17.76 pesos per unit, per Banco de México data. Traders assessed the feasibility of a ceasefire in Iran ahead of Banxico's monetary policy decision on Thursday. Analysts forecast the currency to hold in a 17.65-17.85 pesos per dollar range.

Imeripotiwa na AI

Argentina's dollar blue closed on Friday March 27 at $1.395 for purchase and $1.415 for sale, down $10 during the day. Other financial dollar types hovered around $1.470. Country risk stood at 6,105 basis points.

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