in the middle dollar increase against the Colombian pesoGustavo Petro advised people in Colombia not to buy US currency.because when people resell it, he predicts that coin will be worth less than its present value.
“To those who buy dollars in Colombia today, I have to announce, with the utmost respect, that when they put them up for sale again, then they will be worth less. Be careful! Don’t lose your money.” The president elected on Monday was advised.
In context, the United States currency closed the day at an average price on Monday. 4,513.69 pesos, representing an increase of 125.42 pesos compared to the Representative Market Rate (TRM), stands at 4,388.27 pesos today.
This Monday, President Iván Duque even referred to the foreign exchange market and suggested an action that should be considered.
“It is not my place to criticize at the moment, what I believe is that certainty must be given and it is urgent to reassure the foreign exchange market,” said the current leader of the Executive Committee in Colombia.
In this sense, it is useful to remember the following words: José Antonio OcampoFinance Minister appointed by Petro in an interview with EL PAÍS from Spain a few days ago. There, Ocampo referred to the peso devaluation and drew a parallel line to the euro’s “fall”.
“This is an international trend. Isn’t the Euro falling too? We are part of this trend,” he said.
POLITICS
Source: Exame
