Breaking News: Dólar Blue Surges to Record High
Key Points
* On Tuesday, May 2, the Dólar Blue (informal exchange rate) soared to an unprecedented 102,000 COP for purchase and 104,000 COP for sale. * This represents a staggering 1328% premium over the official exchange rate of 852 COP for purchase and 892 COP for sale.
Details
* The Dólar Blue has been steadily rising in recent months, driven by economic uncertainty and a lack of confidence in the Colombian peso. * This surge in the Dólar Blue has raised concerns about increased inflation and a potential economic crisis. * The Colombian government is closely monitoring the situation and has implemented measures to stabilize the currency exchange rate.
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