Post by account_disabled on Mar 7, 2024 17:40:19 GMT 10
The have not moved nor will they move. and Consumer Trends Luxury brands definitely have an exclusive segment and marketing campaigns must always represent them as highclass users neat simple and above all different. What do you think Recession and price of the Dollar in Colombia How does it affect us January The economic recession that has been brewing worldwide began to make its effects felt in Colombia starting in September 2019. Although at first it was thought that its impact would be less than that of other countries the consequences have been disastrous for the countrys economy. Today we tell you how the recession and the price of the dollar are affecting.
The Colombian economy. How does a Recession affect the price of the dollar Recession simply explained is a prolonged and widespread Job Function Email List decline in economic activity. It occurs when the Gross Domestic Product GDP falls for at least two consecutive quarters. Although it may seem like a lie in Colombia we are already in recession. According to Dane the countrys GDP fell 1.7 in the third quarter of 2019 compared to the same period in 2018 which confirms the countrys official entry into a state of recession. But what does this have to do with the price of the dollar Well it turns out that everything. When there is a crisis or when a crisis is expected investors look for assets that provide them with security and guarantees.
Of stability and the dollar is it. Therefore when there are economic problems the dollar rises in price against other currencies and ends up flooding the Colombian market. In other words the more uncertain the economic future of a country the more expensive its currency becomes. And that is exactly what has happened in Colombia. From the end of August to midNovember 2019 the dollar rose more than 9. A significant increase if we take into account that between January and July.
The Colombian economy. How does a Recession affect the price of the dollar Recession simply explained is a prolonged and widespread Job Function Email List decline in economic activity. It occurs when the Gross Domestic Product GDP falls for at least two consecutive quarters. Although it may seem like a lie in Colombia we are already in recession. According to Dane the countrys GDP fell 1.7 in the third quarter of 2019 compared to the same period in 2018 which confirms the countrys official entry into a state of recession. But what does this have to do with the price of the dollar Well it turns out that everything. When there is a crisis or when a crisis is expected investors look for assets that provide them with security and guarantees.
Of stability and the dollar is it. Therefore when there are economic problems the dollar rises in price against other currencies and ends up flooding the Colombian market. In other words the more uncertain the economic future of a country the more expensive its currency becomes. And that is exactly what has happened in Colombia. From the end of August to midNovember 2019 the dollar rose more than 9. A significant increase if we take into account that between January and July.
