November 27, 2018 – The Colombian Peso has recorded the largest depreciation against the dollar since February 2016 due to uncertainty in oil prices.
The US currency advanced at an average price of 3,255 pesos, which means it increased by 11 units on Tuesday compared to a market representation (TRM or Colombian peso per dollar) of 3,240.65 pesos. Colombian Exchange.
The minimum dollar price was 3.228 pesos and a maximum of 3,266 pesos during November 27, when $ 1,350,000 in 2,450 transactions were negotiated.
Although oil behavior has been stable over the course of the day as a result of the record levels achieved by Saudi production, the markets are waiting for a group of 20 emerging countries and the Oil Producers Organization to meet in the next ten days.
Important news about the future of world oil production is expected.