Dollar: Why its value is falling in Colombia and the world – Financial Sector – Economy
The new decline that inflation began in USA in December, the sixth in a series that left it at 6.5 percent, the lowest since October 2021, led to a good part of the currencies strengthening against the dollar.(Also read: Pensions would not be sustained in the future with the proposed reform: Fiap analysis) In Colombia alone, the peso appreciated 1.2 percent, one of the biggest advances among emerging currencies, standing at 4,692.04 pesos for today, Friday.The Brazilian Real, For its part, it advanced 1.98 percent, the Mexican and Chilean pesos each gained 0.6 percent on Thursday.The Colombian peso managed to…
