US Dollar Falls Amid US Inflation Revelations, Cuban Peso Depreciates in Informal Market
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The US Dollar fell on February 29 amid US inflation revelations, trading at $3,924. This week, several macroeconomic data came out in the United States, causing significant currency price fluctuations worldwide. In Colombia, the Dollar remained relatively stable and did not cross the $4,000 barrier. The inflation figure in the US for January decreased by 2.4% year-on-year, falling by 0.2% compared to December 2023. The Dollar closed at a price of $3,924 on the stock market, a decrease of $9 compared to the representative market rate. The highest price during the day was $3,943, while the lowest price recorded at the close was $3,923. The Dollar Index recorded a variation of 0.16% and is located above 104,075 units. The transaction volume of the currency for the day was 1,152.61 million. Th...
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