Price of the dollar in Colombia today, April 25: The Colombian peso shoots at a maximum of 18 days

He Colombian weight can be seen for the second consecutive day This Friday, reaching its highest price against the US dollar since April 7.

He USD/COP has tried a daily maximum at 4,268.41 before falling sharply towards 4,238.13, new minimum of 18 days.

At the time of writing, the USD/COP quotes about 4,238.13, losing 0.44% daily.

Conversations between Colombia and the US about tariffs drive Colombian peso

• He Colombia Ambassador to the US, Daniel García-Peña, and the Minister of Trade, Indutria and Colombian Tourism, Rusinque Urrego, met on Thursday in Washington with an American representative to dialogue about the reduction of 10% tariffs to the South American country. The Colombian government subsequently issued a statement in which it reported that the meeting focused on seeking mutual agreements that eliminate tariff barriers between the two countries. The Colombian Executive reported that Negotiations will continue next week in Colombiawith a meeting with Daniel Watson, from the Office of the United States Commercial Representative. The news promoted the contribution of the Colombian peso to a dollar affected by the contradictions for the tariff negotiations between the US and China.
• A study by the Colombian Chamber of Commerce (AMCHAM) and by the National Association of Financial Institutions (ANIF) revealed in the middle of the week that Colombia could lose 15,000 jobs in two years if the US maintains the current 10% tariffs. The study also reveals that exports would fall 8%.
• Next week it will be key to the USD/COP operators, since Colombia will publish on Wednesday its March unemployment rate and the Interest rate decision of the Bank of the Republic. In the last two meetings, the types remained unchanged in 9.5%.