In Colombia today 10 January, the value of the dollar

The dollar closed lower this Wednesday, consolidating at $3,934. This translates to a decline of $8 compared to Tuesday’s close, indicating a decline of 0.20%.

Representative market rate (TRM) remains at $3,934.13.

According to most analysts consulted by this medium, the dollar shows more dependence on the decision that may be taken by the United States Federal Reserve (Fed) on interest rates.

Also read: What do we expect from the dollar’s behavior in the coming weeks?

Expectations based on the behavior of inflationThat is, rates begin to fall, which will affect the value of the dollar in Colombia downwards.

This is because lower interest rates will translate into more financing opportunities for investment projects ColombiaAlso more payment capacity for products exported by this country.

The premise of the value of the dollar is that the more greenbacks there are in circulation, the lower their value, so what happens to the dollar? Fed will be decisive.

For this year, the dollar is expected to remain relatively low, below the $4,000 barrier. It is likely, according to experts, that the $3,800 threshold will be reached again.

However, all these predictions are subject to the extent to which the world has noted variables that could affect the shortage, such as the escalation of conflict on the Ukraine and Gaza border, in addition to other geopolitical tensions. and commercial.

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