EconomyFinancialThe dollar falls $ 20 and is trading near...

The dollar falls $ 20 and is trading near $ 3,660

The Colombian exchange rate has lost more than $ 180 since last May 5.

The dollar in Colombia began the week falling $ 20 and is trading this Tuesday near $ 3,660. This is the fifth consecutive downward day in the exchange rate.

In fact, the dollar in Colombia has lost more than $ 180 since last May 5, the maximum of the year at which the exchange rate reached after knowing the withdrawal of the tax reform.

For this reason, the expectation continues around the new tax reform that the Government is building through consensus, which would have a collection goal of about $ 14 billion: almost $ 10 billion less than the previous reform.

Within the framework of the national strike, this Monday the Government announced a subsidy that will finance 25% of a minimum wage for young workers between 18 and 28 years old.

On the other hand, international oil prices register slight drops: Brent, the reference that Colombia (Ecopetrol) uses, falls 0.29% to US $ 69.29.

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Although the Mexican currency suffered a slight depreciation at the opening of this Friday, it continues at levels that could consolidate in a downward trend, but a rebound is not ruled out.

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The exchange rate recorded its fourth day of appreciation and closed at 19.8873 pesos per dollar, its best level since September 12.

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While signs on monetary policy are expected in the United States, Canada, Brazil and Europe, the Mexican peso advances slightly this Tuesday.

The 9 worst depreciations of the Mexican peso in recent history

Among the strongest falls in the national currency are those caused by the covid-19 pandemic, in 2020, and the one that triggered the Trump phenomenon during the government of Enrique Peña Nieto.

The Mexican stock market closes at its best level in six weeks

The sights of local and international investors are focused on the development of the corporate results season corresponding to the third quarter of 2022.

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