EconomyFinancialDollar rises $ 40 and closes at $ 3,745

Dollar rises $ 40 and closes at $ 3,745

Oil prices also advanced today amid the US gasoline shortage.

The dollar in Colombia gained $ 40 this Wednesday and closed at $ 3,745.74, continuing the rise it registered yesterday.

In the Colombian market, the most valued shares today were Conconcreto (+5.64%), El Cóndor (+3.05%), Terpel (+2.78%), Ecopetrol (+2.38%) and Cementos Argos (+1.80%). For its part, the Colcap Index fell 0.53%.

Oil prices advanced today amid a slight drop in commercial crude oil reserves in the United States, but mainly due to the shortage of gasoline at service stations in the country, after the cyberattack on a major oil pipeline that prompted consumers to buy fuel.

Also read: CEO of hacked pipeline warns of fuel shortage in US

A barrel of North Sea Brent for July delivery ended up 1.12% at US $ 69.32 in London. In New York, a barrel of WTI for June delivery gained 1.22% to US $ 66.08.

Commercial crude oil reserves in the United States fell by 400,000 barrels in the week ending May 7 , less than analysts expected, according to the weekly report from the Energy Information Agency (EIA).

The New York Stock Exchange fell sharply today, with the market concerned about an overheating economy following higher-than-expected inflation figures for April.

The Dow Jones fell 1.99% to 33,587.66 points, its biggest drop in a single day since January, while the Nasdaq lost 2.67% to 13,031.68 points, in its worst session since March.

On its side, the expanded S&P 500 index lost 2.14% to 4,063.04 points, its biggest drop since February.

It may interest you: Prices rise in the United States: annual inflation in April was 4.2%

It has been 13 years since prices have risen so much in the United States: in the 12 months to last April, the increase was 4.2%, according to the CPI index published on Wednesday by the Labor Department. The figure surprised analysts, who expected an increase of 0.2% , and once again raises questions about an interest rate adjustment by the Federal Reserve.

Dollar closes the day this Monday at $ 3,709.80

The currency opened the week lower and closed below the TRM forecast for tomorrow. Learn about the shares that appreciated the most this Monday.

Beginning, variations and closing of the price of the dollar in Colombia today, May...

Although it started a slight rise, the exchange rate falls 12 pesos and is quoted at $ 3,731.

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