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Dollar, Movement August 12-14, 2019 in Colombia – Financial Sector – Economy



After the nervousness of Monday, the fall of the world stock exchanges in Colombia and the more expensive dollars in the country and the region, yesterday the markets returned to calm.

On Monday, Latin American markets appeared pessimistic after Kirchnerist Albert Fernández's triumph in Argentina's primary election, with rising dollars and losses on exchanges, with oil falling due to commercial tensions in China and the United States.

But on Tuesday, the dollar in Colombia has dropped 29 of the 53 pesos that have risen on Monday, and the representative market rate for today will be 3,407.76.

Meanwhile, stocks on the Colombian stock exchange not only recovered what was lost on Monday, but increased even more.

The Colcap Index, which summarizes the behavior of major titles, rose 1.54 percent yesterday, after losing 0.43 percent on Monday.

also, Brent oil jumped 4.66 percent after the United States postponed customs duties on Chinese technology products until December.

ECONOMIC AND BUSINESS PROJECT


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