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Dollar in Colombia today May 2, 2022

Again the dollar in Colombia Today, May 2, it exceeded the $4,000 barrier., as has happened in recent months due to multiple factors, such as the oil crisis, the pandemic and even the war in Ukraine. This time, according to experts, the rebound is due to China’s radical measures due to the new increase in coronavirus cases.

Added to this is the possibility of an increase in interest rates by the United States Federal Reserve.

For this day, the currency had an increase of $38, trading at an average of $4,004.45. At the opening it had a maximum trading price of $4,017, the minimum of the day was $3,977.80.

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Who are the most affected?

In addition to Colombians with debts in dollars, the increase it will also affect the price of products from abroad. Therefore, the most affected by the increase in the dollar are the importers with the increase in the price of raw materials and articles imported into Colombia.

But, without a doubt, all consumers will be affected because a price increase would be generated in most of the products on the market.

Conversely, those who receive remittances from abroad will be the great beneficiariesin addition to the exporters, who will be paid in dollars with a higher price.

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