Economy

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This morning a letter was released that the mayor of Medellín, Daniel Quintero, sent to President Gustavo Petro asking him to give his authorization to Freeze the utility rate provided by EPM in different departments of the country.This request arises from the decree that allowed the president to resume the functions of a general nature delegated to the Commission for the Regulation of Drinking Water and Basic Sanitation (CRA) and to the Energy and Gas Regulation Commission (Creg).(Also read: Daniel Quintero requests to freeze the public service rate provided by EPM) According to Quintero, this measure would be a respite…

The price of the dollar in the Colombian interbank market ended the week with a drop of 69.3 pesos, after its average price reached 4,849.65 pesos this Friday at the close of the market. The representative market rate (TRM) began on February 20 at 4,918.94 pesos. (Also read: Price of the dollar raised: exceeds 4,960 pesos) In this way, the US currency moves a little further from the level of 5,000 pesos, since the previous Friday it was only 33.7 pesos from it when the TRM stood at 4,966 pesos, according to records from the Bank of the Republic.with the…

Inflation, rising interest rates and inputs putting pressure on home prices have generated a drop in home purchase interest. Despite this, prices have not found the brake. According to the latest New Housing Price Index of the National Administrative Department of Statistics (Dane), there is evidence of a 8.78% increase in the marketing value of these properties.Read: Lower purchase intention, a tough outlook for construction In apartments, the increase already reaches 8.58% per year, and in houses the rise is much more pronounced and already cumulative growth 12.68%. It is worth clarifying that these historical figures are the highest since…