On the last day the US dollars quoted at the end Average 3,744.27 Colombian pesoswhich represents an increase of 1.35% compared to the previous session’s value when it reached 3,694.53 pesos, it said Dow Jones.
Based on the profitability of the last seven days, this is US dollars recorded a decrease of 0.31%, so year-on-year comparison there is still a decrease of 0.31% 12.57%.
Relative to the previous days, the previous day’s result was reversed, where it ended with a decline of 0.01%, showing its inability to establish a defined trend. This week’s volatility was higher than the volatility reflected in last year’s numbers and therefore shows larger changes than the overall value trend.
The economic prospects for Colombia in 2025 are relatively optimistic, although there are risks, according to the Corficolombia company. It is expected that the Colombian economy will grow by 2.6% in 2025, driven by expanding private consumption and investment.
However, this forecast is subject to one uncertainty higher than in previous years due to the ongoing fiscal challenges, the risks associated with the activity of the energy sector, the increase in social conflicts and increasing uncertainty.
In the external context, they assess difficulties due to the strengthening of the dollar and additional inflationary pressures in the United States after the victory Donald Trumpwhich suggests higher interest rates for a longer period of time. These high financing costs could impact sectors such as manufacturing Tax prospects Depending on your perspective, it remains one of the biggest challenges worldwide.
At the local level it is inflationwhich experienced a significant decline in 2024, may face new challenges in the second half of 2025. depreciation The exchange rate and high indexation of services could put renewed upward pressure on prices and push inflation closer to 4% towards the end of the year.
For its part, the financial system has proven resilient despite rising defaults and falling profitability recreation gradually with the reduction of interest rates and the recovery of investments.
The Colombian peso is the legal currency in Colombia, it is commonly abbreviated as COP and its circulation is controlled by the Bank of the Republic of Colombia.
Coins of 50, 100, 200, 500 and 1000 pesos are currently in circulation. The latter was first circulated between 1996 and 2002, but lost popularity as it was very easy to counterfeit.
The 500 and 1000 peso coins are bimetallic to increase their security and prevent them from being illegally replicated. All names now have motifs that allude to the biodiversity present in the country, including the spectacled bear, the African macaw, the glass frog, the loggerhead sea turtle and others.
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