The dollar closed at $4,461 and the peso was the third most revalued currency

16:27

After a possible debt deal in the United States, the dollar closed down to $4,461.42, about $9.41 below TRM, which was at $4,470.83 for the day.

During the day, the currency reached a minimum of $4,438 and a maximum of $4,484.50. Additionally, US$792.5 million was traded in 1,461 transactions.

Besides that, The Colombian peso ranks as the third most revalued currency in its history in the past year, reached 8.09%, preceded only by the Hungarian forint (8.14%) and the Mexican peso (9.89%).

US stocks rose and Treasuries rose on signs that lawmakers were making progress on a deal to raise the debt ceiling.

In Washington, Republican and White House negotiators have narrowed differences in talks in recent days and are closing in on a deal to raise the debt ceiling and limit federal spending for two years, according to people familiar with the matter. However, the details agreed are provisional and a final agreement has yet to be reached, the people said.

European stocks also rose, with chip makers including Asml Holding NV rising for a second day. Glencore Plc rose 2.5% after reports that its Viterra unit was in talks to merge with Bunge Ltd., one of the world’s largest crop traders.

Sterling firmed after a strong UK retail sales reading reinforced expectations that interest rates will continue to rise.

During the day, the currency reached a minimum of $4,438 and a maximum of $4,484.50. Additionally, US$792.5 million was traded in 1,461 transactions. Photo: Files

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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