The #dólar US dollar broke the barrier of 4,400 Colombian pesos #cop in today's session, due to the drop in oil prices in international markets. This decline in crude oil prices has generated a higher demand for the US currency, which has put upward pressure on its value.
My prediction is that the dollar $USDC
could rise even further, reaching levels of up to 4,500 pesos in the coming weeks. This is because the Colombian economy remains vulnerable to changes in oil prices, the country's main export product.
The rise of the dollar will have a significant impact on the Colombian economy, especially in the import and export sectors. Consumers will also feel the effect in their pockets, as the prices of imported products will increase. The government and the Bank of the Republic will need to take measures to mitigate the impact of this rise in the dollar.