Dollar today: hard hit in Colombia



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The behavior of the dollar today in Colombia has maintained the downward trend which has been going on since yesterday, caused by the uncertainty about the results of the elections in the United States.

The opening price of the currency in the local market was 3,781 pesos, but the downward trend continues and the currency has already registered a minimum price of 3,754.50 pesos. According to the Colombian Stock Exchange, the average registered value is 3,765.78 pesos.

The trend of the dollar in Colombia goes against the behavior registered by the markets in the first hours of trading this Thursday. Wall Street opened again optimistic and its main indicator, the Dow Jones of Industrials, gained 1.67% as the vote count progresses in some key states and Democratic candidate Joe Biden approaches electoral victory over President Donald Trump, although it seems unlikely that Democrats will control the Senate.

Half an hour after the start of operations on the New York Stock Exchange, the Dow Jones added 466.23 points, to 28,313.89 units, driven by large listed companies such as Caterpillar (3.85%), Apple (3.58%) , Dow Inc (3.38%) or Salesforce.com (3.26%).

The selective S&P 500 advanced 1.99% or 68.66 points, to 3,512.10 units; and the Nasdaq Composite Index, in which the main technology companies are listed, it progressed 2.55% or 295.27 points, to 11,886.05 integers.

With EFE.



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